DMG Ventures has announced two new $32m funds that will use media for equity arrangements, an increasingly common investment strategy.
Month: October 2024
What corporates are getting wrong about implementing AI
Too many corporates expect too much, too soon from their AI investments. Patience, strategic thinking and cultural change are crucial.
Nupo Ventures spins out of Olam to go faster on fixing global food systems
Under pressure to simplify supply chains and improve sustainability, Nupo Ventures is building startups, with six under its belt so far.
Chilean food company Carozzi to invest $6m in startups
After months in stealth mode, Carozzi Ventures is ready to invest $6m over the next three years.
Smaller corporates embrace venture building
Smaller companies build their own ventures more than larger corporates and the chief executive is more involved with the CVC, according to GCV’s Keystone benchmarking survey.
Times of India to help US media wrestle back ad revenue lost to tech giants
While 65% of US ad spend has slipped from traditional media to the hands of Amazon, Google and Facebook, the Times of India has protected its market share on the subcontinent by investing in startups. The publishing group now wants to bring the model to the US.
Crypto VC Gate Ventures and blockchain firm Movement Labs form $20m fund
The initiative, also backed by Thai family office VC Boon Ventures, will target blockchain projects specialised in Move, the programming language by Movement Labs.
Naor and Plaza join CapitalG to lead portfolio strategy
Alphabet’s growth fund appointed Adam Naor and Monica Plaza as VP of business development and operating partner, respectively.
VCs want active, not passive corporate investors
Here’s how to make the relationship between a VC and its strategic corporate LPs one that benefits both sides.
Five tech breakthroughs bringing us closer to beating cancer
Personalised treatment, combination therapies, vaccines and of course AI: pharmaceutical investors are backing a surge of new cancer technologies.
Former head of crypto investor Circle Ventures Lonergan founds Web3 VC
After launching crypto CVC Circle Ventures and leading it for three years, Wyatt Lonergan has founded a Web3 VC firm with a Circle colleague.
Corporates give Korean software startups international springboard
Korea has a strong roster of startups providing software for industry and large conglomerates. They are now finding markets abroad, too.
Tran to leave General Mills’ 301 Inc investment arm
Tran has led the packaged food company’s venture capital arm since 2022 but is now leaving to support his wife’s startup.
Ridley takes off from International Airlines Group’s investment unit
Matthew Ridley is departing from his role as head of aviation group IAG’s corporate venture and innovation unit, Hangar 51.