After serving seven years as the general partner and EMEA lead at Microsoft’s corporate fund M12, Hassid has announced he is leaving the venturing unit to focus on other investment opportunities.
Category: News
Tencent slows corporate investments
The Chinese technology and entertainment conglomerate has slowed corporate investment in technology startups after making successful bets in e-commerce and gaming sectors.
The Big Deal: Blockchain.com finds warmth in the crypto winter
Access Industries, GV and Coinbase Ventures all took part in one of the year’s biggest Web3 funding rounds.
InDrive launches new venture and M&A arm
The US-based international ride haling company has launched a new venture capital firm that will invest $100m in startups operating in emerging markets.
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’.
Angie Grimm leaves IBM Ventures
A 20+ year IBM veteran — and head of the corporate investment fund since 2019 — Grimm departs just as IBM announces a new AI fund.
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.