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Tech companies slow investment activities

GCV recorded just 205 deals worth $7.42bn involving corporate investors from the IT sector in Q2. That is down more than 60% from last year.


Aug 7, 2022

Daily Deal Round Up: August 5, 2022

Maersk Growth took part in Afresh’s $115m series B round while ZeroFox acquired a Nasdaq listing when it completed a reverse takeover.

Aug 5, 2022

KnowBe4 establishes KnowBe4 Ventures

The security awareness group’s CVC unit will focus on the human layer of cybersecurity.

Aug 5, 2022

Prosperity7 Ventures lets in Lee

The Saudi Aramco unit has hired Sean Lee after adding fellow corporate venturers Daisy Garcia and Abhishek Shukla to the team in recent weeks.

Aug 5, 2022

Panich to lead SCB 10X

Tai Panich will now hold the CEO position at SCB 10X while maintaining her current post of chief venture and investment officer.

Aug 5, 2022

Carper takes off from Boeing

Greer Carper joined Fortem Technologies as CFO and VP of corporate development, having led Boeing’s corporate venturing activities from 2017.

Aug 5, 2022

Munich Re Ventures sees Ghost in $15m round

The application security software provider has emerged from stealth having secured funding from MRV, 468 Capital and DNX Ventures.

Aug 5, 2022

Daily Deal Round Up: August 4, 2022

Lockheed Martin doubled the size of its venture arm to $400m while Ingevity, Geely, SKC and Daishin participated in Nexeon’s $170m series A round.

Aug 4, 2022

Nestlé to launch CVC fund

The unnamed vehicle was revealed at the inauguration of Panela House, the corporate’s Brazil-based open innovation space.

Aug 4, 2022

Yi He takes over Binance Labs amid crypto downturn

Binance has appointed chief marketing officer and co-founder Yi He as the new head of its incubator and venture unit as it looks to overcome turbulence in the Web3 market.

Aug 4, 2022

Daily Deal Round Up: August 3, 2022

Xiamen C&D took part in OriCell Therapeutics’ $120m series B round while Shopify provided $100m in funding for Klaviyo.

Aug 3, 2022

Energy provider Eni forms venture builder

Eniverse Ventures will complement the oil and gas supplier's Eni Next vehicle as it looks to achieve carbon neutrality by 2050 in the wake of massive profits for the industry.

Aug 3, 2022
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