Sectors

UB Ventures’ new fund secured capital from its parent company, Wistron’s Wise Cap subsidiary, banks and other investors.

The construction materials producer appointed Mitch Black as an entrepreneur in residence for its CVC and accelerator units.

Alphabet alumnus Gideon Yu is reportedly raising $500m to back companies spun out of incubator X Development like 280 Earth, Waymo and Google Glass.

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.