Financial

If a CVC unit wants to bring in outside money, it needs a great track record, a unique angle and skin in the game.

GCV Powerlist mainstay Harrie Vollaard has announced his departure after five years at RFV and over two decades at its parent firm, Rabobank.

Susquehanna Growth Equity has led a $62m series B round for speech-to-text software provider Speechmatics, while Fidelity’s Eight Roads unit led digital asset data aggregator Kaiko's $53m series B.

The motor company CVC is launching its second Exploratory Fund vintage later this year.

Prosus helped B2B e-commerce platform ShopUp lift its series B round to $174m while SPIL Ventures co-led a $70m series C for trucking optimisation platform Deliveree.

SoftBank led contract management platform developer LegalForce's $102m series D round while several corporates exited logistics service provider GogoX in an $85m IPO.

A range of corporates helped hydrogen system developer Electric Hydrogen raise $198m while Shell and Chevron backed fusion energy system developer Zap's $160m series C.

Justin Choi, who had previously headed up corporate development at Go-Jek for four years, is set to do the same for Coinbase and its CVC arm in the Asia-Pacific region.

Illumina and Celgene could exit genome researcher Human Longevity in a reverse merger while Openly raised $75m from investors including Advance Venture Partners and Gradient Ventures.

Asian, fintech-focused and less than seven years old – some of the CVC trends we saw when compiling the Global Corporate Venturing Directory.