There was a promising (or surprising) rise in corporate-backed funding rounds for cryptocurrency startups in November. Despite many heralding the demise of crypto, it looks like it isn’t dead yet.
Month: December 2023
Price joins MS&AD Ventures
After spending two years as an investment associate at Kairos, Topher Price will now serve as senior associate at MS&AD Ventures.
Beauty company Shiseido launches venture fund
Shiseido Long Term Investments for the Future (LIFT) Ventures will invest in beauty and wellness startups outside of Asia.
The Big Deal: Are diamonds the future of the supply chain?
CEO Ophir Gaathon tells us why Airbus and American Express have backed Dust Identity, and how diamond dust can track data on objects through the supply chain.
US consultancy forms healthcare investment unit
Pioneer Management Consulting has launched a venture capital firm to invest in startups developing treatments for rare brain tumours.
Daily Mail General Trust launches energy transition fund
The UK publisher’s new energy fund will invest in early and growth stage clean energy startups.
Video: University of Cambridge seeks fivefold increase in venture capital investment
Cambridge has a plan to boost outside investment in order to expand its technology ecosystem.
Hugo Boss invests in sustainable fashion venture fund
The German fashion brand has committed capital to a fund investing in between 20 and 25 startups working towards improving sustainability in the industry’s supply chain.
Indonesian banks partner to launch venture fund
Mandiri Capital Indonesia and Bank Tabungan Negaras have formed a fund to invest in startups disrupting the housing sector.
New BP Ventures head broadens investments, looks to European startups
Most of the BP Ventures capital will be deployed in clean energy investments that are designed to help the UK oil and gas major reach its 2050 net zero emissions goal.
Chilean pulp and paper company CMPC launches $100m innovation fund
The unnamed fund will invest in startups promoting sustainability and tackling issues around single use plastics, textiles and wood construction.
Intuitive Ventures closes $150m second fund
The Intuitive Ventures Fund II will invest in startups transforming treatment in minimally invasive care.
Corporates exit connected car company Cubic in billion-dollar SoftBank deal
Qualcomm and Volkswagen are among the companies that backed connected car technology provider Cubic Telecom at a $215m valuation that has been pushed past the $1bn mark.
OVO aquires Bonnet: November round-up
OVO is set to acquire EV charging dats company Bonnet. Read the full round-up of corporate venture activity in November.