The sobering reality of South Korea’s limited natural resources and agricultural land has forced its government to become a major player in tech investment and investment facilitation. Successive political administrations have relied on the exports of some of its largest conglomerates, such as Samsung and LG, the largest and third-largest smartphone manufacturers in the world… Continue reading Innovating in a risk-averse culture
Author: Jay McGregor
Stead appointed partner at Monsanto Growth Partners
Kiersten Stead has joined agribusiness Monsanto’s corporate venturing unit as a partner.
Kensho to dig a bigger Warren with $10m seed round
Kensho, the developer of an artificial intelligence app for the finance markets, has raised $10m from backers including Google Ventures.
Former Fab.com executive joins board of Indian fashion brand
American Swann has welcomed Maria Molland to its board of directors as it seeks to expand beyond its Indian base.
MoneySupermarket buys OnTrees
The financial planning app producer was bought from media company DMG for an undisclosed amount.
Nvidia looks to Crestlight for corporate venturing assistance
Nvidia, a producer of computer graphics cards, has partnered with Crestlight in order to boost its corporate venturing activities.
Square denies Google acquisition reports
A report that stated that the mobile payments company had spoken to Google, Apple, Ebay and PayPal over a possible acquisition has since been denied by both Square and additional sources.
Videocon reportedly considers acquiring portfolio company Dr Datsons
A local press report has stated that India-based Videocon could follow up an investment in pharmaceutical company Dr Datsons by acquiring the company.
LundbeckFond Ventures invests in Iconic company
Iconic, which develops treatments for eye disorders, has now raised almost $32m after securing $20m in is series B round.
GE and Saudi Aramco issue desalination challenge
The corporates will offer $50,000 to each company able to improve energy efficiency for the water desalination process.
KeyMe unlocks $7.8m in series A funding
The smart key replacement service has now raised more than $10m from investors including 7-Eleven’s corporate venturing unit.
Neenah Gessner weaves into AIM Filtertech
The nonwoven fabric maker has secured an undisclosed amount of funding from Neenah Gessner, a Germany-based subsidiary of paper company Neenah Paper.
DI Group joins forces with Asian investors for hardware accelerator
HaxAsia, backed by the Belgium-based business group among others, will invest up to $500,000 in IT companies that progress through the programme.
Telefonica and Blackstone team up to sell mobile advertising
The Spain-based telecom company has invested in a new UK-based company that will sell targeted mobile advertising.