SoftBank joins a number of South Korean conglomerates in contributing to SBVA’s new AI startup fund, Alpha Intelligence.
Category: News
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.
Sohaila Ouffata leaves BMW’s CVC to join African female founder nonprofit
African Tech Vision helps female founders to build scaleable tech businesses.
Tveteraas leaves sustainable protein maker Nutreco’s CVC arm
Maarten-Yan Wierenga is serving as interim head of NuFrontiers while Erik Tveteraas joined fungus-based protein developer NoMy as CFO.
Investment heatwave in July: CVC rounds went up across geographies and sectors
The US stood out as July continued a strong summer for corporate venture activity on the back of AI penetrating more industries, according to GCV data.
Meet the small Boston startup cracking the corporate AI challenge
Linq is building a vector database management platform to help large companies use large language models based on their internal information.
Terumo launches a $75m CVC arm to target medtech startups
The Japanese medical device firm has set up Terumo Ventures, having previously contributed to healthcare-focused VC funds.
OKX CVC and Aptos launch a $10m web3 and crypto fund
The CVC arm of crypto exchange OKX has partnered with Aptos to launch a new fund targeting web3 and cryptocurrency projects.
Hiroshima Bank launches $14m regional economy fund
In partnership with VC firm Hiroshima Venture Capital, the Hirogin Innovation Fund will target regional economy revitalisation startups.
Tech transfer professional Watts-Pass joins TDK Ventures
After her role in Cambridge’s technology transfer office, Elena Watts-Pass has made her first move into corporate venture capital at TDK Ventures.
AVP, Axa’s CVC, goes independent following management buyout
The French insurance multinational’s CVC arm AVP has been bought out by management as the investment management division is sold off
CVC veteran Rimington named chief of staff of Woolworths Group
Alix Rimington takes on the role alongside that of general manager of global strategic alliances and innovation at the Australian retailer.
Credit Saison commits $200m to Latin American startups
The financial services firm’s Mexican and Brazilian units are each equipped with $100m, and CVC unit Saison Capital will play a key role.
BBC’s startup investment arm emerges from stealth mode with metaverse deal
A first investment in live metaverse gig company Condense shows the kind of startup collaboration BBC Ventures is seeking.