Sectors

Marc Bouchet will conduct deals for TDK Ventures Fund 2 while David Delfassy and Sam Hill will invest through Fund EX1.

From geothermal energy and mining tech to subterranean delivery systems, here are some of the most exciting startups focusing on what's underground.

Luís Fábrica, formerly investment associate at the energy group’s CVC group, has been promoted after four years at the unit.

The CICC Porsche (Shanghai) Venture Capital fund, whose size is reportedly $118m, will target energy and connected vehicles in China.

Kuroneko Innovation Fund 2 has $51.5m in capital to continue to invest in strategic areas like cleantech, spacetech, fintech, robotics and AI.

For eight years, Cyber Valley has been linking German AI and robotics researchers and spinouts with corporate partners, but a partnership with UTokyo IPC is the first step to it going global.

CVC veteran Takuya Hosomura, who spent a combined eight years at Rakuten Capital and Salesforce Ventures, joined Global Brain as a partner.

After three years at the Japanese electronics group’s CVC unit, Marc Bouchet got promoted for a second time to senior investment associate.

Phillip Trauer, who spent seven years at Valor Capital Group, comes in following the departure of Gabriela Toribio earlier this year.

The new fund has already made nine investments in growth-stage companies.

Cisco’s artificial intelligence fund is double the size of similar initiatives for Salesforce Ventures and IBM Ventures, hailing another step in the AI boom.