Sectors

The Microsoft and Green Bay Packers-backed VC firm is raising a second vehicle more than triple the size of its predecessor, according to a filing.

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.

Healthcare venture firm Seae Ventures' founders had previously set up corporate VC unit Zaffre Investments only to face issues surrounding independence and regional focus.

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.

Q&A with Andrew Byrnes, VC director, Micron Ventures

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.

Osage University Partners has added MicroTransponder to a small but mightly portfolio of medical device companies.

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.

Woven Capital managing director George Kellerman tells GCV about the fund and how it works with Toyota Ventures and Toyota ahead of his spotlight interview on the first day of this year’s GCVI Summit.

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