The US-based international ride haling company has launched a new venture capital firm that will invest $100m in startups operating in emerging markets.
Author: Roshini Bains
Murarka moves to Bertelsmann India Investments
Bertelsmann India Investments, a venture unit of media company Bertelsmann, has appointed Swati Murarka as its principal
Martin joins Shell Ventures
After spending a year as Baker Hughes’s New Venture Group’s senior deal lead, Kai Martin has been hired by Shell Ventures as its new investment manager.
Face ID for pets has arrived, thanks to Petnow’s AI technology
The South Korea-based startup has developed a new form of pet identification technology that scans cats’ and dogs’ faces.
Truist Ventures invests in fund for startups with diverse teams
The corporate venture capital unit will invest in a fund run by Mendoza Ventures, a VC firm focused on fintech, AI and cybersecurity.
Posco Group launches $59m CVC
The South Korea-based steel mill owner plans to launch a new corporate venture unit to explore investment opportunities in the steel, battery, food and energy sectors
IBM introduces $500m AI venture fund
IBM Enterprise AI Venture Fund will support the corporate’s Watsonx platform as it looks to target the ‘enormous potential of the AI revolution’.
27 women in CVC in the US South and Midwest
CVCs based in the southern and midwestern US often getting overlooked. Here is the list of women dominating corporate venture capital in this region.
Towing’s soil technology supports farmers moving towards sustainable agriculture
The Japanese university spinout has developed a crop cultivation system to enable more sustainable farming practices.
Gustofson departs AbbVie Ventures
John Gustofson has moved to the newly launched Chugai Venture Fund.
Azul Energy’s battery tech addresses hydrogen fuel cell supply constraints
The Japanese startup has created battery technology that replaces the need for rare earth metals in fuel cell vehicles.
Ex-M12 employee launches $350m biotech fund
Venture capital firm Bioluminescence Ventures emerges from stealth with two funds supported by institutional investors.
Snowflake launches $100m software startup fund
The data and cloud-based services provider will invest in startups developing software based on its own apps.
Grupo Bimbo joins Kamay Ventures
Kamay Ventures already handles startup investments for Coca-Cola and Arcor in Latin America and has added the Mexican bakery group to its LPs.