One of Vietnam’s largest conglomerates, Vingroup, and its founder, have set up a new CVC unit with $50m to invest in new startups.
Tag: CVC
Cox Enterprises establishes second $300m fund
After launching Socium Ventures in 2023 with a $300m fund, the US conglomerate has announced a second $300m targeting tech startups.
Coccari becomes head of business software HubSpot’s CVC
Adam Coccari has become the managing director of HubSpot Ventures following two years leading US business software provider Intuit’s CVC.
Berger joins Saudi city project Neom as biotech investment director
Berger will lead the biotech investment for the Saudi city project, contributing to the Kingdom’s goal of becoming a global biotech hub.
Warehousing firm TGW Logistics relaunches CVC
After initially launching as Neil&Buzz in April, TGW Logistics has relaunched its CVC arm as TGW Logistics Ventures and will soon start investing.
Touchdown Ventures merges with wealth manager Cerity Partners
The new merged company will be known as Cerity Partners Ventures.
Former SoftBank Capital partner Krna launches VC service provider
Matt Krna, formerly a partner at Japanese tech company SoftBank’s CVC, has launched a VC service company, Two Meter Capital.
Is 2023 the boom year for CVC?
Several new corporate venture units have launched in the past few weeks, showing that big business is still committed to startup investing.
CVCs continue to emerge in Q4 despite economic headwinds
Several new entrants to the corporate venturing sector could keep the number of active units above their pre-pandemic highs.
CVC investing declines 57% in value during Q3
The value of corporate-backed deals slumped in the third quarter, but sectors like energy and telecoms bucked the trend as did a few geographies like Israel.