Investors — particularly corporates — have increased backing for spacetech startups in the past five years. Here are the new entrants catching their eye.
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CVC rounds in Japan and India rise in August
Corporate-backed startup funding rounds more than tripled year-on-year in Japan — CVC rounds have been steadily increasing in the country for the past year.
Ex-CVC Gerber joins online betting firm BetMGM in corp dev role
Alexandra Gerber, previously a CVC manager at Suntory Global Spirits, joined online betting company BetMGM.
Price leaves IBM Ventures
Paul Price departed from IBM Ventures after more than a decade in various innovation and M&A integration roles.
CVC veteran Rimington named chief of staff of Woolworths Group
Alix Rimington takes on the role alongside that of general manager of global strategic alliances and innovation at the Australian retailer.
Spanish genome lab ramps up plans for a sequence of spinouts
The National Centre for Genomic Analysis, based in Barcelona, Spain, is preparing to launch a new spinout and is planning for several more following a revamp of its operations.
Cochand joins SEI Ventures
Alex Cochand, who helped Avios launch its startup investment programme in 2017, has returned to CVC through a director role at SEI Ventures.
Gawendo leaves Telefónica Ventures
The former managing director of the Spanish telecommunications company’s investment unit has not disclosed where she is going next.
Video: Nyobolt’s battery tech allows EV charging in under 6 minutes
UK startup Nyobolt has developed battery technology that allows electric vehicle owners to fully charge their car in the same time it takes to fill a tank at the pump.
Venture capital retreat in DACH region creates opening for corporate VCs
Corporate venture capital units see opportunities to invest despite the departure of financial VCs from startup financings.
Murarka moves to Bertelsmann India Investments
Bertelsmann India Investments, a venture unit of media company Bertelsmann, has appointed Swati Murarka as its principal
Howden launches £500m-backed insurtech venture
Insurance industry veteran Tom Hoad will lead the collaborative industry initiative.
Jaffrey switches to SRMG Ventures
Salman Jaffrey was previously head of strategy at Wa’ed Ventures, an impact-driven venture capital fund of Aramco.
Weber joins Amex Ventures
Kevin Weber will focus on fintech investments and enterprise capabilities at the investment arm of American Express.