Wondering which corporate venturers have specialist investment funds for artificial intelligence? Here is the list of traditional funds and new units, offshoots and accelerators.
Author: Robert Lavine
Robert Lavine is special features editor for Global Venturing.
Saudi Aramco’s Wa’ed investment unit reserves $100m for AI deals
The petroleum producer’s $500m venture fund wants to back startups that can help Saudi Arabia become an artificial intelligence tech hub in the Middle East.
Jaguar Land Rover CVC InMotion Ventures hires Chavassieu
Ex-ecommerce executive Edouard Chavassieu has joined InMotion Ventures as an associate and will help it expand its activities in mainland Europe.
Agtech investors keep focus on sustainability despite tough market
Sustainability is ‘critically important’ in agriculture tech, but startups need to use new technologies like AI to balance it with cost reductions, say corporate VCs.
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.
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.
Pangaea Ventures on the hunt for Asian deeptech with new $85m fund
The Canadian venture firm is opening an office in Asia as Asian corporations flock to invest in its fifth fund and largest fund.
Verizon Ventures halts investments
Verizon’s corporate venture arm has stopped making investments and its lead executives have left the company, GCV understands.
Salesforce Ventures doubles AI commitment to $1bn with new fund
The CVC unit has formed a second $500m fund, having invested in two dozen artificial intelligence startups, including Anthropic, Mistral and Cohere, in the past 18 months.
L’Oreal and Evonik combine investments in microbe tech startup Abolis
The corporates backed a $38.6m series A round for Abolis through an agreement to develop sustainable cosmetics ingredients together.
Spinout spotlight: ETH spinout Optiml uses AI to decarbonise real estate
A hands-off approach from the Swiss university makes starting a software company like Optiml — which is using AI to map out CO² cuts in real estate — easier, says CEO Evan Petkov.
Toyota’s debut mobility startups in European open innovation platform
Two-wheeled vehicle developer Genny and pedestrian accessibility startup Okeenea are among the first six companies to be selected for Toyota Open Labs.
“There is a surge of activity” – why media for equity is on the rise
Media for equity is on the rise and Uber, Airbnb and Pinterest have all used it, but what kind of startup and what kind of media company is it right for?
11 women’s health startups to watch
Female-focused health startups have been receiving increased funding in 2024 and a new crop of startups is emerging to address previously underserved areas.