Corporate investors are backing a host of elder-care startups, from those seeking Parkinson's cures to apps aiding mental wellbeing.
Great Wall Motors spinoff SVolt has filed for a $2.1bn initial public offering while several corporates are set to exit online publisher Note in its own IPO.
The cancer drug developer popped after an upsized offering, allowing Alexandria Venture Investments to exit and showing the IPO market is still breathing in the US.
Dongfeng Motor spinoff Voyah secured $639m at a valuation topping $4bn while Intel Capital helped AI chip developer Astera raise $150m.
The CVC grows to €1bn in committed capital and becomes one of the largest venture capital units focused on electrification, digitisation and decarbonisation.
Catherine Zhou, who heads up HSBC's venture capital activities, tells Global Venturing it is going long on blockchain and tokenisation tech despite recent turmoil in the Web3 market.
Salesforce, Nikkei and NTT Docomo exited Evernote in a Bending Spoons acquisition, while Alexandria Venture Investments-backed Acrivon went public.
Torq Ventures — which has gone from consultancy to full CVC unit in 3 years — is a sign of how fast Brazilian corporate venture is growing.
MassMutual Ventures doubled down on its ESG plans with a fund that will back up to 20 startups, lifting its capital under management to the $1bn mark.
Amy Wu, an investor at the corporate venturing arm of cryptocurrency exchange FTX, has left the company after the parent filed for bankruptcy on 11 November. Her departure was reported by cryptocurrency news service Herald Sheets, although her LinkedIn profile says she still works at the firm. Wu joined FTX Ventures, based in the Bahamas, […]
Optum Ventures led a round for home care provider DispatchHealth sized above $330m, while several corporates helped workload data software producer Weka raise $135m.
The UK health insurer says it is a good time to launch a fund as the froth has come out of valuations and "sensible" money can go in.
The agricultural chemicals producer is widening its investment remit, looking at everything from fintech for farmers and soil health.
The German chemicals producer — already an investor in China and Singapore — wants early access to disruptive Japanese deeptech startups.