News – Page 28

Austrian emergency services group launches venture studio

ÖAMTC office

ÖAMTC will use the venture studio to explore new business areas related to the demographic change of its members.

Ricoh launches new corporate venture fund

Electronics company Ricoh has launched its Ricoh Innovation Fund to invest in digital services and the digital workplace

Irwin departs from DCRBN Ventures

After spending at decade at NextEra Energy Resources, Gregory Irwin has announced that he will be joining automation company Hut 8.

Daiwa House builds a CVC unit

Person Holding Grinder

The construction firm’s Daiwa House Ventures is reportedly part of a $202m startup support initiative that will start early next year.

Entrepreneur Media launches CVC fund

Jonathan Hung, general partner, Entrepreneur Ventures. Image courtesy of Entrepreneur Ventures.

The US publisher is also creating an angel network to help investors access deals.

Dos Santos joins Takeda Digital Ventures

Ricardo dos Santos headshot

CVC veteran Ricardo dos Santos has left ResMed and joined Takeda’s digital health investment arm as partner and head of its Venture Studio.

Patterson to bid Gradient Ventures farewell

Anna Patterson headshot

GCV Powerlist member Anna Patterson has announced her departure from Alphabet’s AI fund at the end of 2023.

HR tech heavyweight ADP out to prove size matters to startups

Oz Khan heads up venture capital for ADP, which has over a million clients that portfolio companies can partner with, and he tells us why now is the right time to launch ADP Ventures.

Dash promoted at GHD Ventures

Andrew Dash has accepted a new position as the head of GHD Ventures, the corporate venture arm of Australian engineering corporation GHD Group.

Kim becomes CEO at Samsung Venture Investment

Kim Yi-tae has become the CEO of Samsung Venture Investment after a company management reshuffle.

Cohen joins Intel Capital Israel

Lisa Cohen, Intel Capital Israel partner

Lisa Cohen, who was a corporate venturer at Innogy Innovation Hub between 2016 and 2020, has taken up a partner role at Intel’s CVC arm.

Romanian bank BCR launches $5.5m CVC unit

The BCR Seed Starter team featuring Thomas Kolarik, vice president of IT and operations at BCR and chair of the board of directors at BCR Seed Starter (second from the left), and Carmen Dibus, CEO of BCR Seed Starter (second from the right). Image courtesy of LinkedIn.

BCR Seed Starter will invest about $545,000 per deal in startups working on banking processes, portfolio services and ESG initiatives.

Morgan Stanley targets underrepresented founders with $50m Next Level Fund

Alice Vilma, co-head and co-portfolio manager for Morgan Stanley Next Level Fund

Corporates Hearst, Microsoft, Walmart and Altria are LPs in the fund, which has already invested in nine diverse companies.

LG Technology Ventures launches $309m AI, battery tech fund

LG Group’s corporate venture capital unit has launched a new fund to back startups that are part of the energy transition.