Tag: Venture Capitalists
Why Santander spinning off Innoventures is interesting
Santander, the Spanish banking giant, announced in September that from now on, Innoventures would operate as a separate entity. It is the bank’s Corporate Venture Capital (CVC) unit, set up in 2014 and responsible for investing into promising startups. It will be called Mouro Capital and have $400 million under management. Not too bad to…