From robotic commercial kitchens to companion bots to reduce loneliness, these robot startups — which you can meet at the GCVI Summit — demonstrate why investors are rekindling interest in this sector.
Month: March 2024
ABB launches Motion Ventures
Ana Troncoso Ceola will lead ABB Motion Ventures focused on sustainability and energy transition, which falls under the ABB Ventures umbrella.
Pywell gets promotion at Hines Global Ventures
The US property developer has named Hugo Pywell a UK director at its CVC unit, where he has worked since 2022.
M12’s Stewart moves up to managing partner
Michael Stewart, who was a partner at software producer Microsoft’s CVC unit, will lead investments in generative AI, gaming and deeptech.
A third of dollars raised by energy startups comes from corporate-backed rounds
Corporate investors are disproportionately involved in the biggest funding rounds by energy sector startups.
Commerce Ventures receives corporate backing for $150m fifth fund
Commerce Ventures Fund V has received corporate backing from 20 investors such as Intuit and StepStone Group.
Fluidra launches $21.7m corporate VC fund
The swimming pool maker’s new CVC, Fluidra Ventures, will invest in technology startups shaping the pool and wellness sector.
Ssemwogerere promoted to SVP at Standard Bank Group
Kevin Ssemwogerere, previously a renewable energy-focused CVC lead, is appointed SVP of investment banking ventures at the South African bank.
Eso to oversee Medtronic’s CVC operations
Chris Eso, formerly VP of M&A and portfolio manager at Medtronic, will lead the medical device group’s corporate venture capital initiatives.
5 tips for investing in university spinouts
More corporate investors choose to invest in academic research. But it requires much different skills to investing in later-stage startups.