Every day, Global Corporate Venturing rounds up the news from across the corporate innovation ecosystem.
Funding
Connectivity
Molex Ventures, a vehicle formed by industrial conglomerate Koch Industries’ Molex subsidiary, took part in a $22m series B round yesterday for Point2 Technology, a US-based developer of cloud and 5G connectivity technology. GU Equity Partners led the round, which included Samsung Securities, on behalf of electronics producer Samsung, as well as Shinhan Capital, Tigris Investment, K2 Investments, Korea Omega Investment, Timefolio Investment, Nautilus Venture Partners, Quantum Ventures Korea and Walden International.
Crypto
Media group Bertelsmann and cryptocurrency…
