Iris Jensen, formerly senior associate at the German clean energy company Baywa RE’s CVC arm, has taken up an investment manager role.
Author: Edison Fu
Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
Bupa APAC looks to fill funding gap for Australian healthcare startups
The UK-headquartered health insurer has set up a A$20m fund in Australia to back young startups in healthcare areas like genomics and wearables.
Correa and Kaushal promoted at JLL Spark
Daniel Correa and Ajey Kaushal, formerly senior associates at JLL Spark, have been promoted to principals.
French nuclear energy provider Orano launches $54m CVC fund
Orano Venture Fund will run for five years and invest in about 20 industrial startups.
Mondelēz launches SnackFutures Ventures
The snack producer’s renewed CVC unit will focus on investing in more mature food businesses for eventual acquisitions.
LG invests $97m in Vista fund
A few months after LG Tech Ventures lifted its capital to $768m, the parent firm has backed Vista to seek AI, bio and automotive companies.
Kyocera to launch $40m fund with Global Brain
Kyocera Ventures Innovation Fund I will back developers of technologies including energy, mobility AI, chips and nuclear fusion.
ABN Amro Bank invests in climate fund
ABN Amro earmarked $1.1bn for green technology funding, with Nordic Alpha Partners’ Fund II being its fourth climate-related fund investment.
Kaldenbaugh to lead CVC for DoiT
He will oversee the cloud data management automation platform’s strategic investments.
Ritzmann to head E.On Group Innovation
Mark Ritzmann has become CEO at German utility E.On’s innovation and incubation subsidiary, after six years at the firm.
Thomson Reuters to invest $8bn in AI
The Canada-headquartered media group will invest over $100m per year in generative AI companies in a bid to enhance its offerings.
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.