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Fundraising

Insurance companies back PruVen Capital's new $379m fund

PruVen Capital's first fund had one corporate backer. Its second sees contribution from multiple insurance companies.

Sep 5, 2024

Illumina Ventures seeks $300m for third fund

SEC filings show the CVC wants to raise its third nine-figure fund to back biotech startups.

Aug 23, 2024

Chinese vacuum cleaner maker Dreame launches $1.5bn CVC

The Chinese unicorn, last valued at $2.8bn, will back AI and robotics startups through two funds under the newly formed Empyrean Venture.

Aug 23, 2024

Thai bank Krungsri’s CVC launches $38m private equity trust

Finno Efra will invest in Thai and Southeast Asian seed to pre-series A tech startups, supplying up to $1.2m per deal.

Aug 22, 2024

“There is a surge of activity” – why media for equity is…

Media for equity is on the rise and Uber, Airbnb and Pinterest have all used it, but what kind of startup and what kind of media company is it right for?

Aug 15, 2024

Investment heatwave in July: CVC rounds went up across geographies and sectors

The US stood out as July continued a strong summer for corporate venture activity on the back of AI penetrating more industries, according to GCV data.

Aug 9, 2024

OKX CVC and Aptos launch a $10m web3 and crypto fund

The CVC arm of crypto exchange OKX has partnered with Aptos to launch a new fund targeting web3 and cryptocurrency projects.

Aug 6, 2024

Hiroshima Bank launches $14m regional economy fund

In partnership with VC firm Hiroshima Venture Capital, the Hirogin Innovation Fund will target regional economy revitalisation startups.

Aug 5, 2024

Other News

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 healthcare provider Ochsner Health’s CVC launches $10m fund

Ochsner Ventures’ new fund will target seed stage healthcare and health tech companies in Louisiana

Jul 25, 2024

Xiaomi raises $1.4bn for chip fund

Corporate investors JoulWatt, Southchip and Nano Star Ventures have become limited partners in the Chinese computer electronics producer's fund.

Jul 24, 2024

Singapore gaming firm Mon Protocol launches fund

Amid growing corporate confidence in crypto, Mon Protocol has teamed up with VC firm 500 Global to launch a fund targeting blockchain gaming startups.

Jul 22, 2024

Water tech company Xylem expands CVC investment by $50m

The company will use additional capital to finance startups aiming to tackle climate challenges in the water sector.

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

Editor's Picks

The Atlanta Hawks have a VC fund — but it isn't targeting…

David Garcia, head of National Basketball Association team the Atlanta Hawks' venture fund, is targeting consumer experience ventures rather than sports technology.

Jul 21, 2023

Coke launches $137.7m sustainability fund

The beverage giant and eight of its bottlers are pitching in to invest in sustainability across their ecosystem.

Jul 14, 2023

Fonterra launches NSS fund

The New Zealand dairy producer’s Nutrition Science Solutions unit has disclosed a $10m investment in US microbiome startup Pendulum.

Jun 13, 2023

Rome's airport operator announces early-stage fund

ADR Ventures will invest in travel, hospitality and aviation technology on behalf of Aeroporti di Roma and fund graduates of its Fiumicino Innovation Hub accelerator.

Jun 2, 2023
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