Google, Chevron and Sumitomo were part of fusion power system developer TAE’s $250m series G2 while GMO VenturePartners and Christie's Ventures formed new funds.

Funds

UK-based auction house Christie’s formed a corporate venturing fund on Monday called Christie’s Ventures. The unit will target fine art and luxury market-focused financial and Web3 technology developers and its first investment involved it providing an undisclosed amount for omnichain crypto network developer LayerZero Labs.

B Capital, the US-based venture capital firm which is also a strategic partner for professional services firm Boston Consulting Group, reached a $250m close for its Ascent Fund II yesterday. The vehicle will…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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