Yoana Cholteeva

1 week ago | globalventuring.com | Yoana Cholteeva

The venture capital collective has recruited more than 80 credit unions for its second fintech-focused fund. Curql, a collective of over 130 credit unions jointly investing in fintech, has raised $309m for its Fund II, from 83 credit unions in the US. The fund is expected to close at the end of July and has already surpassed Curql Fund I, which brought 64 credit unions together to reach $254m, backing 38 fintech companies based in the US and Canada.

1 week ago | globalventuring.com | Yoana Cholteeva

US FDA and NIH cuts are expected to delay drug approvals and decrease grant funding, making it harder for young health sector companies to survive. Healthcare investors and startups are growing increasingly concerned that the US administration’s funding cuts for the Food and Drug Administration (FDA) and the National Institutes of Health (NIH) will have a chilling effect on innovation in the sector.

2 weeks ago | globalventuring.com | Yoana Cholteeva

Yamaryo was president and CEO of Itochu Corporation’s Tokyo-based CVC and subsidiary. Suguru Yamaryo has become president and CEO of ITC Venture Partners, the US-based CVC arm of Japanese conglomerate Itochu Corporation. Itochu operates in domestic trading, import and export of textile, machinery, metals, minerals, energy and chemicals. Based in Menlo Park, California, ITC Venture Partners specialises in fund of funds investments and partners with venture capital firms in US and Europe.

2 weeks ago | globalventuring.com | Yoana Cholteeva

The investment includes a balance of developer control and investor returns and allows developers to own IP. Early-stage venture capital fund Blue Ocean Games has launched a $30m fund to invest in the next generation of indie game developers. Backed by South Korean video game company Krafton, the new fund will support 100 early-stage indie game developers over three years.

4 weeks ago | globalventuring.com | Yoana Cholteeva

Wonderstone Ventures will target global investments at seed and early stages. Japanese electronics producer Murata Manufacturing is launching a US-based corporate venture capital arm, Wonderstone Ventures, targeting startup business investments in the US.  It plans to invest $50m over the next five years in next-generation communication, 6G, optics and semiconductors, bioelectronics, environment, robotics and space tech. It will invest globally in seed and early stage startups.