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Citi pushes on repeat-investment CVC strategy

Bank of America, BNY Mellon and Citi invested $20M in Genesis Global

Whitney McDonaldbyWhitney McDonald
July 29, 2022
in All Posts
Reading Time: 2 mins read
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Citi’s venture investment arm is continuing to lean into a strategy to make repeated monetary infusions into early-stage companies, because it provides the bank with an insider’s view on startup performance and progress. “The bigger role of a strategic investor is not really to find unicorns … the goal should be around finding a good […]

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