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Page 160

GA helps build Digital Base

Digital Base Capital has attracted a commitment from GA Technologies as it seeks to promote the property technology sector in Japan.

Sep 17, 2019

Sovereign wealth funds cool on Vision Fund II

Public Investment Fund and Mubadala, which put up a total of $60bn for the first Vision Fund, are reportedly looking to downgrade their exposure to the second vehicle, as We Company postpones its IPO.

Sep 17, 2019

Woodford braces for BenevolentAI valuation cut

Woodford Investment Management is reportedly poised for another beating as its portfolio company BenevolentAI seeks funding from Temasek at half of its previous $2bn valuation.

Sep 16, 2019

Max Planck applies to $66.4m fund

Max Planck Foundation joined the EIF and AWS as a limited partner in university-focused drug discovery fund Khan Technology Transfer Fund I.

Sep 16, 2019

Elan chips in for $290m Vertex fund

Elan Microelectronics has contributed to a $290m fund raised by Vertex Ventures that has so far invested 10% of its capital in markets including Southeast Asia.

Sep 16, 2019

Sinar Mas Land prepares ground for accelerator

Sinar Mas Land plans to form a property technology-focused incubator with accelerators Digitaraya and GK Plug and Play that will kick off early next year.

Sep 13, 2019

Corporates give foodtech developers Fresh Start

Tnuva and Tempo Beverages have teamed up with OurCrowd and Finistere Ventures to launch a foodtech incubator called Fresh Start with an expected $284m in funding.

Sep 13, 2019

McRock Capital makes first close for second fund

Limited partners including Cisco Investments and Shell have helped McRock Fund II achieve a $60.9m close, putting it 80% of the way to its target.

Sep 13, 2019

Marketing Architects builds corporate venturing unit

The advertising agency has set up Zoomworks Ventures to back marketing and advertising technology startups and has already made its first three investments.

Sep 13, 2019

Repsol sets up impact fund

The oil and gas company is setting up a $55.5m impact fund that will be overseen by Luis Casado Padilla, formerly a director at its corporate venturing fund.

Sep 13, 2019
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