Volvo Cars, Stena Fastigheter and Framtiden Group-backed Destination Invest will support startups in unfavourable areas of the Swedish city.
Month: May 2023
GVR Pod: The hurdles of moving from finance to corporate venturing
Mario Augusto Maia, managing partner of Cogent Venture Partners, joins the pod to talk about the best way to launch a venturing unit.
CVCs: Here’s what you need to know about venture studios
More corporations are setting up venture studios. They work well with CVC units as long as you understand the strengths of each.
TDK Ventures forms $150m energy transition fund
TDK’s corporate venture arm has recruited battery producer Amperex as a limited partner for the EX1 fund, which will target electrification and decarbonisation startups.
The Big Deal: Ensoma tops off a bumper week for pharma
Ensoma’s $135m series B was one of five big rounds for early-stage drug developers week despite a pharma sector that is becoming ever more selective.
Wellstar to expand beyond health with $100m startup fund
The hospital group plans to back more than 50 companies through Catalyst, with workplace, big data and customer experience software startups all in the frame.
SoftBank launches $150m fund for Black and Latino founders
With more money and a new name, SoftBank continues to back Black and Latino-owned startups.
Anauate heads innovation at Ambev
Thais Ricupero Anauate will lead investments in the evolving beverage sector at AB InBev’s Brazilian subsidiary.
Majmudar joins Ørsted investment arm
The former investment analyst at JetBlue Ventures is relocating from the US west coast to Copenhagen, Denmark, for his new role.
AI that will read your car manual and tell you when to inflate your tyres
And several other bets that Jaguar Land Rover’s InMotion Ventures is making on what the car will look like in 10 years.
CVCs dominate Thai startup investment
Corporate investors have been the most active backers of startups in the country, focusing on fintech, ecommerce and logistics.
Opportunity for corporate investors in Brazil as VC froth subsides
Gabriela Toribio tells us why Wayra Brasil and the newly formed Vivo Ventures have an inside track in a market where early-stage funding is plummeting.
The final frontiers of digital transformation
Advances in AI, computing, and connectivity mean digital transformation is reaching previously unreachable areas. Here are seven early-stage startups pushing the boundaries.
Saint-Gobain’s Apelian to retire
Basma Kharrat will take over the advanced materials maker’s corporate venture activities when VP of internal and external venturing Minas Apelian retires in September.