With shortages in labour and resources in the US healthcare system, medium-sized funds have a unique role to play to bridge the gaps.
Tag: US and Canada
Korean internet firm Naver’s D2SF venture unit expands to North America
Naver’s accelerator arm backed two US startups last month, Claythis and YesPlz, and will continue to seek out opportunities in North America.
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.
Daily Mail Group’s venture arm announces two new funds totalling £50m
DMG Ventures has announced two new $32m funds that will use media for equity arrangements, an increasingly common investment strategy.
Times of India to help US media wrestle back ad revenue lost to tech giants
While 65% of US ad spend has slipped from traditional media to the hands of Amazon, Google and Facebook, the Times of India has protected its market share on the subcontinent by investing in startups. The publishing group now wants to bring the model to the US.
Naor and Plaza join CapitalG to lead portfolio strategy
Alphabet’s growth fund appointed Adam Naor and Monica Plaza as VP of business development and operating partner, respectively.
Former head of crypto investor Circle Ventures Lonergan founds Web3 VC
After launching crypto CVC Circle Ventures and leading it for three years, Wyatt Lonergan has founded a Web3 VC firm with a Circle colleague.
Tran to leave General Mills’ 301 Inc investment arm
Tran has led the packaged food company’s venture capital arm since 2022 but is now leaving to support his wife’s startup.
Fewer — but bigger — corporate-backed startup exits in September
The longed-for recovery in startup exits hasn’t yet arrived. But those startups that did get bought or publicly listed in September did so at higher prices.
Aksoy leaves Allianz-backed VC fund AV8
Baris Aksoy has left Allianz-backed VC fund AV8 after five years, during which time he sat on the boards of a number of tech startups.
Updated: Nine more spacetech startups for your radar
Investors — particularly corporates — have increased backing for spacetech startups in the past five years. Here are the new entrants catching their eye.
Bolgar Jackson leaves Danone Ventures after eight years
Holly Bolgar Jackson leaves the French food multinational’s CVC arm after eight years to join the core business’s enterprise strategy team.
Pangaea Ventures on the hunt for Asian deeptech with new $85m fund
The Canadian venture firm is opening an office in Asia as Asian corporations flock to invest in its fifth fund and largest fund.