Venture Capital

Dragoneer drags in $75m from corporates
Fubon Financial Holdings' Fubon Life subsidiary and CTBC Financial Holdings' Taiwan Life are both backing Dragoneer Opportunities Fund VI.
NREP's 2150 constructs $310m urban technology vehicle
The NREP-founded Urban Sustainability Technology Fund has reached a final close having received backing from investors including Novo and Toyota unit Woven Capital.
UOB befriends Signum for $50m blockchain fund
UOB and the venture firm’s joint vehicle has reportedly reached a first close sized at more than half its ceiling and is on its way to a final close later this year.
Aviva revives Founders Factory alliance
The insurer has pledged $13.5m to startup accelerator and incubator Founders Factory through a partnership modelled after a similar five-year initiative in 2016.
Daver dives into Khosla Ventures role
Shernaz Daver, formerly an advisory partner at GV, has joined the venture firm as a senior operating partner and CMO to assist its expansion and growth projects.
Fubon Life fuels Tiger Global with $65m
The insurance subsidiary of financial services provider Fubon has acquired a 0.65% stake in Tiger Global’s XV fund after a similar deal for its IV vehicle earlier this year.
AFB attracts corporates for $102m Fund II
Boehringer Ingelheim Venture Fund and Pierre Fabre have made capital commitments to Advent France Biotechnology’s second fund.
SBI seeks out $75m blockchain fund
SBI Ven Capital’s newly formed joint venture with Sygnum and Azimut will take part in crypto-oriented deals covering areas such as DLT and decentralised finance.

Other News

Giga soars to ClearSky role
The venture firm hired new director Asif Giga, who has worked at corporate VC units Ericsson Ventures, Experian Ventures and Singtel Innov8 Ventures.
Forge Ventures closes debut fund
The firm has signed up Facebook, Airbnb, Carousell, Grab and Stripe for a first fund which has reached a $21.9m close.
Rising Stars Q&A – Andrew Casey, Vanguard
Q&A with Andrew Casey, corporate development deal lead, Vanguard Strategic Business Development
Woodman bids farewell to Takeda Ventures
Rob Woodman, formerly a senior partner at Takeda’s CVC unit and head of its Genesis Labs incubator, will lead venture firm Panakès Partners’ biotech investment activities.
Reddy readies himself for new role
Vijay Reddy, formerly an AI and deeptech-focused partner at Intel Capital, has departed from its parent company and joined venture firm Clear Ventures in a similar position.
Jeito Capital wraps up fund I at $623m
Sanofi, Axa, Aviva, Pro BTP and CNP Assurances were among the backers of the vehicle, which will focus on biotech investments.

Editor's Picks

Osborn leaves Telus to rejoin RecapHealth
Rich Osborn was a GCV Powerlist 2021 award winner as head of Canada-listed telecommunications firm Telus’ corporate venturing unit.
Garratt goes from Salesforce Ventures to CRV
Matt Garratt, who helped set up Salesforce Ventures, is taking a general partner role at venture firm CRV and is being replaced as managing partner by Alex Kayyal.
Samsung shakes up US innovation subsidiaries
Young Sohn is retiring while Luc Julia is leaving as Sean Kae and David Lee step up and into Samsung Catalyst and Samsung Next respectively.
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.
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