Allianz X helped digital insurance provider Coalition raise $250m while protein synthesis technology developer Nuclera hiked an E Ink-backed series B round to $58m.
Funds
Philippines-based telecommunications firm Globe Telecom’s corporate venture builder vehicle, 917Ventures, has formed a partnership with AC Ventures, the venture capital arm of domestic conglomerate Ayala Group. The deal will involve AC Ventures providing funding for businesses formed through 917Ventures.
Spain-headquartered insurance firm Mutua Madrileña is launching a €30m ($31.5m) corporate venturing vehicle, according to media reports. It will invest from seed stage and target companies in countries including Spain, Colombia and Chile.
Funding
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Fernando Moncada RiveraFernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast. LEADERSHIP SOCIETYInforming, connecting, and transforming the global corporate venture capital ecosystem.The Global Corporate Venturing (GCV) Leadership Society’s mission is to help bridge the different strengths and ambitions of investors across industry sectors, geography, structure, and their returns. Featured Content
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