The Korean technology conglomerate’s investment arm is backing new technologies from solid state batteries to industrial AI in order to prepare.
Month: September 2023
C$50m agricultural biotech fund Nàdarra Ventures launches
Farm Credit Canada and Natural Products Canada have supplied the first C$20m for the fund, which will invest solely in Canada.
Aquanow to target digital asset startups through new fund
The digital asset software producer plans to make between one and two investments a month out of its AQN Digital Ventures Fund, having backed seven startups so far.
Madagascar’s Axian swoops in as other VCs retreat from Africa
Axian Investment aims to invest in 10 startups a year in sectors such as fintech, insurtech and logistics.
Accenture veteran Greenstreet to join NatWest
After 12 years at Accenture across various roles, GCV Emerging Leader Ladi Greenstreet is moving to the retail bank next month.
Tu named interim CEO at Naspers and Prosus
Following the resignation of former CEO Bob van Dijk, Ervin Tu has been announced as the new chief executive of Prosus and Naspers
Crypto firm Bitget forms $100m fund
The crypto trading firm’s new initiative will target companies that can help develop its offerings, and it follows the Web3 Fund in April.
Funding for robot startups increases despite difficult market
Robotics deals saw an increase despite an overall decline in deal count and dollar volume this summer.
CVC Unplugged: Brazil’s startup ecosystem is ripe for corporate investment
The South American country’s startup ecosystem has matured to the point that corporates are saying it is a perfect time to invest, says Alya Ventures’ Cassio Spina on the CVC Unplugged podcast.
How to get the most out of investing in other funds
Finding funds that are willing to collaborate and engage with their limited partners is one of several pieces of advice for fund-of-fund investing.
CMS: how a corporate syndicate can derisk a breakthrough carbon capture technology
Carbon capture and storage technologies have been too expensive to scale. Compact Membrane Systems may be able to change that.
The Big Deal: Snowflake backs historic market data provider BMLL
BMLL and Snowflake tell GCV why its vast data lake is an ideal fit for Snowflake’s marketplace and its corporate venture portfolio.
Bossart moves to Amazon Industrial Innovation Fund
Bossart held various positions at former employer ABB including head of innovation and startup collaboration, and lead on its digital acceleration programme.
Indonesian corporate VC firms launch Ascent Venture Group
The MDI Ventures-backed VC funds Arise and Centauri have merged to form the new fund targeting climate and healthcare sectors in the South East Asia.