Jordan McAlister has left the US telecoms firm after nearly three years leading its venture and innovation strategy.
Category: Sectors
Suzuki launches $40m impact CVC unit in India
Next Bharat Ventures, led by Vipul Nath Jindal, has begun accepting candidates for its four-month accelerator programme.
UK property company Grosvenor invests in real estate transition VC Noa
Grosvenor has invested directly in startups but this is its first investment into a VC fund.
Krishnan to lead cleantech incubation for LG Nova
LG’s incubation unit hired Ramkumar Krishnan, who worked at multiple renewable energy companies, to identify cleantech opportunities.
Wyszynski joins Eneco Ventures as investment director
The former founder was an adviser to startups before taking on the new investing role.
Park to lead Naver’s CVC and accelerator unit
Yong-Jung Park, who spent six years as investment director at Naver, joined its D2SF unit to lead AI, consumer and enterprise software deals.
Suh leaves Hyundai Motor Group
John Suh, who helped launch CVC units Hyundai Ventures and Cradle, left the Korean carmaker after 13 years, without disclosing his next steps.
Lego Ventures veteran Fuhrmann-Breitholtz launches investment firm
Isa Fuhrmann-Breitholtz, formerly head of Silicon Valley Hub at toy producer Lego’s CVC unit, launched South Bay to back real estate startups.
Munoz returns to Hearst Ventures as MD
Hearst veteran Gabby Munoz, who was managing director at its strategic investment unit between 2019 and 2022, has rejoined the CVC team.
Fraud, debt and licensing: five reasons CVC-backed healthcare startups went bust
Alongside fintech and consumer startups, this sector has seen the most startups go into administration since 2022. These are some of the reasons why.
Schmitt leaves CVC of German car parts maker Continental
Patrick Schmitt left German car parts producer Continental after two years as senior investment manager at its CVC group.
EnBW New Ventures invests in climate VC fund
Venture firm Vireo Ventures has received an undisclosed sum from the utility’s CVC unit, representing the latter’s second fund investment.
Ex-American Family Ventures MD Johnson joins Cohen Circle
After six years at the CVC unit, Katelyn Johnson will be managing director at the investment firm where she will focus on fintech deals.
Deutsche Telekom-backed DTCP raises $450m for two funds
Deutsche Telekom’s VC spinout’s third growth fund closed at $330m while DTCP and Porsche-backed Incharge Capital reached a $120m first close.