Regeneron has formed a corporate venture capital unit with $100 million a year to invest over the next five years in “biopharmaceutical, healthcare, and health technology” start-ups.
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Venture Capital
Booz Allen Hamilton, the Virginia-based, defense-focused IT consulting firm, today announced the launch of a corporate venture capital arm, Booz Allen Ventures, that will initially put $100 million toward “strategic” defensive and offensive technologies. The move signals Booz Allen’s desire to shape startups in areas it considers aligned with its core business, mainly AI and machine learning, defense, and cybersecurity.
Silicon Valley-based venture capital (VC) firm Benhamou Global Ventures (BGV) announced today that Patrick Nicolet, the former CTO and Executive Board Member of Capgemini, joined its investment team as an Operating Partner. Additionally, BGV welcomes incoming CFO Sai Sood, the former lead Controller at Sapphire Ventures, along with new associate Romain Lenoir, as it strengthens its team and moves into a new office in Menlo Park, on the heels of closing its fourth fund, BGV IV.