The New Zealand dairy producer’s Nutrition Science Solutions unit has disclosed a $10m investment in US microbiome startup Pendulum.
Category: News
Nadur moves up at BP Ventures
GCV Emerging Leader Sophia Nadur has taken up an acting managing director of Europe and rest of world role at BP’s CVC unit.
Qpinch tackles industry’s waste heat problem
The Ghent University spinout claims to transform waste heat into carbon neutral process heat to generate industrial heat or steam
Kato moves up at Woven Capital
Woven Capital, the Toyota-backed investment fund, has promoted former principal Michiko Kato to partner at after nearly three years.
Bosn moves to UFP Ventures
UFP Industries has hired Ross Bosn, formerly corporate strategy lead at Owens Corning, as a ventures principal for its nascent CVC unit.
The Big Deal: Helium Health heads Nigeria’s new wave of tech startups
Helium’s $30m series B attracted several international corporates, and its healthcare software suite is an example of how Nigeria’s companies are moving on from traditional areas like fintech.
Homes built with hemp can decarbonise housing says Natural Building Systems
For the construction sector to become carbon neutral by 2050 it will need to rethink the materials it uses. Hemp is a potential alternative.
GV names four new general partners
Brendan Bulik-Sullivan, Crystal Huang, Frédérique Dame and Issi Rozen have been promoted from partner positions at the early-stage Alphabet fund.
Magid leaving IBM Ventures
Deborah Magid will leave IBM at the end of this week as strategy role is eliminated at the computing company’s CVC.
Chung and Kuchan leave Hyundai Cradle
Insiders are concerned about the future of the corporate investment unit after the two senior-level departures.
Mitani to leave KDDI after four years
KDDI Open Innovation Fund’s director of investment, DK Mitani, will leave the firm next month for a new role based in Tokyo.
CerebrumX tackles the data overload problem in connected cars
US startup CerebrumX uses artificial intelligence and its deep learning platform to make sense of the large volumes of data created by connected cars.
Rome’s airport operator announces early-stage fund
ADR Ventures will invest in travel, hospitality and aviation technology on behalf of Aeroporti di Roma and fund graduates of its Fiumicino Innovation Hub accelerator.
The Big Deal: Airline investors line up for CleanJoule’s aviation fuel
Frontier Airlines, Volaris and Wizz Air – none of which were CVCs two months ago – helped the startup raise $50m, but their purchasing power might end up being more important to the company’s future.