Fundraising

Blue Horizon blows fund up to $220m
Givaudan and Grupo Bimbo are among the limited partners in foodtech investor Blue Horizon Ventures' debut venture fund.
Telus launches social and environmental fund
Canada-based telecommunications company Telus launched a C$100m ($76.5m) impact investment fund in late November called Telus Pollinator Fund for Good.
Brazil adds triple fundraisings
The three funds comes as Daniel de Macedo switches role and a new trade body committee is set up for CVCs.
Dana-Farber spies growth with new fund
Luba Greenwood has been brought on to run Binney Street Capital on behalf of cancer research and care provider Dana-Farber Cancer Institute.
Apple makes its way to Harlem
Venture firm Harlem Capital has added Apple to its limited partners having brought in payment services provider PayPal in October.
Sinar Mas starts second venture fund
Sinar Mas-backed SMDV has invested in 20 startups from its earlier fund and will target larger deals through its next fund.
Corporate venturing deal net: 11-15 January 2021
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Toho Gas Accelerator Program 2020 charges first cohort
Batton, ExaWizards and Lightblue Technology are all joining the incubator and accelerator jointly run by Toho Gas and Persol’s Eiicon subsidiary.

Other News

Gakken takes care with corporate venturing fund
The book publisher and nursing care service group’s Gakken Innovation-Tech Fund plans to invest about $29m over the next five years, targeting edtech and healthtech.
M-Service embraces nine-figure series D round
The Standard Chartered-backed owner of digital wallet Momo will use the funding to launch its own strategic investment subsidiary.
Echo Health and USAble forge strategic alliance
Echo Health Ventures has joined Arkansas Blue Cross Blue Shield's investment arm in a strategic initiative aimed at scaling up healthcare businesses.
Delivery Hero sets up DX Ventures
The newly formed DX Ventures starts with more than $60m and nine portfolio companies under managing director Duncan McIntyre.
Orange spins off corporate venturing unit
Orange Ventures has been spun off into an independent venture firm with an extra $426m from its former parent company, and added Mathieu de La Rochefoucauld as managing partner.
BioGeneration Ventures finalises $170m fourth fund
Bristol Myers Squibb, Eli Lilly and Novo are among the limited partners in the pharmaceutical-focused venture firm's BGV IV fund, which has reached its final close.

Editor's Picks

Brazil adds triple fundraisings
The three funds comes as Daniel de Macedo switches role and a new trade body committee is set up for CVCs.
Orange spins off corporate venturing unit
Orange Ventures has been spun off into an independent venture firm with an extra $426m from its former parent company, and added Mathieu de La Rochefoucauld as managing partner.
Daimler spins off innovation unit
Daimler will retain 10% of 1886Ventures, which has been formed out of its 1886Labs unit, and will be a client of Deloitte's Digital Ventures team.
SR One spins off with $500m
GlaxoSmithKline's corporate venturing unit is now an independent firm with a $500m fund anchored by its former parent.
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