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Europe

BBC's startup investment arm emerges from stealth mode with metaverse deal

A first investment in live metaverse gig company Condense shows the kind of startup collaboration BBC Ventures is seeking.

Jul 26, 2024

US insurer Liberty Mutual's CVC launches $200m fund

The US insurer follows on from its 2015 fund with a second focusing on tech development in the sector

Jul 24, 2024

German media CVC Burda Principal Investments expands team

Media conglomerate Hubert Burda’s CVC unit hired London-based Briac Bombrun and Berlin-based Lena Nedebock, increasing its headcount to 25.

Jul 24, 2024

AI tech firm Gcore raises $60m in series A funding

Wargaming led the edge AI technology company’s first external funding round, after a five-year hiatus in venture capital investments.

Jul 23, 2024

Spanish genome lab ramps up plans for a sequence of spinouts

The National Centre for Genomic Analysis, based in Barcelona, Spain, is preparing to launch a new spinout and is planning for several more following a revamp of its operations.

Jul 19, 2024

El-Khouri leaves Bertelsmann Investments' web3 unit for startup

Martin El-Khouri is leaving the German media group’s CVC arm to join a blockchain infrastructure startup.

Jul 15, 2024

Hoffmann leaves Ørsted’s CVC unit

Maria Emilie Danø Hoffmann spent six years at the Danish renewables company where she focused on driving the green energy transition.

Jul 11, 2024

Fast fashion company Shein to launch $271m CVC fund

The low-cost clothing retailer, which wants to list in London this year, will back European sustainable fabric companies through the fund.

Jul 10, 2024

Other News

Spanish travel firm HBX Group launches $54m CVC fund

The new fund will be part of the travel technology group’s TravelTech Lab subsidiary and invest in strategically relevant startups and funds.

Jul 9, 2024

UK Labour party win: Promise of spinout support and a Great British…

The change in government in the UK could bring a bigger focus on boosting spinout numbers and more investment in electricity grid upgrades.

Jul 5, 2024

Wyszynski joins Eneco Ventures as investment director

The former founder was an adviser to startups before taking on the new investing role.

Jul 4, 2024

Lego Ventures veteran Fuhrmann-Breitholtz launches investment firm

Isa Fuhrmann-Breitholtz, formerly head of Silicon Valley Hub at toy producer Lego’s CVC unit, launched South Bay to back real estate startups.

Jul 3, 2024

ABN Amro Ventures transfers portfolio to Motive Ventures

The Dutch bank took a "third option" when it no-longer made sense to keep the venturing arm in house.

Jul 2, 2024

EnBW New Ventures invests in climate VC fund

Venture firm Vireo Ventures has received an undisclosed sum from the utility’s CVC unit, representing the latter’s second fund investment.

Jul 1, 2024

Editor's Picks

Sony and Intel back company making key part for next wave of…

UK smartphone camera component developer Cambridge Mechatronics’ latest round featured strategic investors Sony Ventures and Intel Capital.

Feb 13, 2024

Maersk shifts to venture client approach to move faster on new tech

Maersk revamped its Maersk Growth innovation unit in June with a new team and a change in how it invests in tech and sustainability.

Jan 5, 2024

Turkey: Can CVC remove the funding roadblocks for startups?

Turkey has the ingredients to be a top tech market, but it needs investors to take more risk if its startups are to get past early stage.

Oct 11, 2023

Reality check: Has the IRA made the US a magnet for cleantech…

The US's $369bn climate legislation, the Inflation Reduction Act (IRA), promises to put the US at the forefront of the clean energy transition, but the act has its limitations.

Oct 5, 2023
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