Hideaki Matsuoka, formerly venture unit head at the pharmaceutical firm’s accelerator programme, has become head of ideation and creation.
Author: Edison Fu
Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
Holway joins RTX Ventures
Shalei Holway, formerly senior adviser at the US government’s Small Business Investment Company, has reportedly become head of portfolio development at RTX’s CVC arm.
Next47 hires Cheng for partner role
Vivian Cheng, formerly principal at venture firms CRV and Javelin Venture Partners, has joined the German industrial group’s CVC arm.
Turk promoted at Allison Ventures
Jordan Turk, a nine-year veteran at the vehicle propulsion system producer, ascended to innovation and technology strategist.
Chevron gets $500m for third Future Energy Fund
The US petroleum supplier will continue to target areas such as decarbonisation, energy storage and carbon capture.
Bain-backed VC focuses on AI for first investments
Bain alumni-founded Vendelux, Common Sense Privacy, Duckbill, Hived and Qube received funding from the management consultancy-backed fund.
Drinks maker Beam Suntory launches investment unit
Venture services firm Mach49 has helped the owner of alcohol brands Jim Beam, Maker’s Mark and Yamazaki to launch the CVC initiative.
Toyota Ventures gets $300m injection
Frontier Fund II and Climate Fund II have each received $150m to further explore technologies like AI and renewable energy for the carmaker.
Metalab launches $15m CVC unit
Metalab Ventures, backed by the interface design firm and other investors, will seek product-led startups from pre-seed to series A stages.
Rio Tinto to back seed startups through $9.5m accelerator
The joint programme with Founders Factory will target technologies strategic to the mining industry such as decarbonisation and automation.
Five global retailers launch $125m VC fund, W23 Global
The joint fund will invest in strategic areas like supply chain and sustainability for Tesco, Ahold Delhaize, Woolworths, Empire and Shoprite.
Thomson Reuters Ventures backs audit AI company Fieldguide
The media conglomerate’s evergreen CVC arm has taken part in the AI-driven audit company’s $30m series B round as part of its broader investment focus on artificial technology.
Fidelity’s FISV promotes Sim to partner
Michael Sim, formerly principal at Fidelity International’s strategic investment unit, has moved up to a partner role.
Takehana ascends at Ajinomoto
Shunji Takehana, a 25-year veteran at the food seasoning provider, is now SVP and general manager for Ajinomoto Corporate Venture Capital.