Corporates Hearst, Microsoft, Walmart and Altria are LPs in the fund, which has already invested in nine diverse companies.
Month: November 2023
Corporate LPs boost Zacua Ventures construction tech fund target
The construction tech-focused VC fund has attracted a slate of big names the building trade.
CVC Unplugged: How Merck Group’s CVC is closing in on hard-to-treat diseases
M Ventures’ managing directors Hakan Goker and Owen Lozman explore the future of biotech and frontier technology.
LG Technology Ventures launches $309m AI, battery tech fund
LG Group’s corporate venture capital unit has launched a new fund to back startups that are part of the energy transition.
Hassid moves on from M12
After serving seven years as the general partner and EMEA lead at Microsoft’s corporate fund M12, Hassid has announced he is leaving the venturing unit to focus on other investment opportunities.
Tencent slows corporate investments
The Chinese technology and entertainment conglomerate has slowed corporate investment in technology startups after making successful bets in e-commerce and gaming sectors.
The Big Deal: Blockchain.com finds warmth in the crypto winter
Access Industries, GV and Coinbase Ventures all took part in one of the year’s biggest Web3 funding rounds.
InDrive launches new venture and M&A arm
The US-based international ride haling company has launched a new venture capital firm that will invest $100m in startups operating in emerging markets.
Murarka moves to Bertelsmann India Investments
Bertelsmann India Investments, a venture unit of media company Bertelsmann, has appointed Swati Murarka as its principal
Early-stage startup deals dominate venture scene in Texas
Most VC-backed funding rounds in Texas have historically been early stage startup financings.
Alibaba ramps up AI investing
China-based CVCs have returned to backing large startup financing rounds, helping to boost deal volume in China as foreign investors exit the country.
Martin joins Shell Ventures
After spending a year as Baker Hughes’s New Venture Group’s senior deal lead, Kai Martin has been hired by Shell Ventures as its new investment manager.
10 social media startups to watch
Social media is in flux. Here are a list of new platforms that are vying to become the next Instagram or Twitter.
CVC Unplugged: Construction tech opens door to big returns
The founding partner of Zacua Ventures, Juan Nieto, joins the pod to talk about the large returns that are possible from technology adoption in the highly fragmented construction industry.