The UK-headquartered health insurer has set up a A$20m fund in Australia to back young startups in healthcare areas like genomics and wearables.
Category: Region
Correa and Kaushal promoted at JLL Spark
Daniel Correa and Ajey Kaushal, formerly senior associates at JLL Spark, have been promoted to principals.
AC Ventures leads a flurry of CVC unit closures
Arca Continental has shut its CVC arm, one of the more prominent units in Latin America, as the likes of SAP, ZF and Verizon fall back.
PayPal Ventures on the hunt for insights from early-stage startups
James Loftus reveals the seven areas where the PayPal Ventures team is keen to make investment in startups.
French nuclear energy provider Orano launches $54m CVC fund
Orano Venture Fund will run for five years and invest in about 20 industrial startups.
Nvidia’s venture arm tackles biotech’s $1bn drug discovery problem
Sid Siddeek has turned Nvidia’s NVentures into one of the world’s most active CVCs, and he says drug development is just one area AI will transform.
Mondelēz launches SnackFutures Ventures
The snack producer’s renewed CVC unit will focus on investing in more mature food businesses for eventual acquisitions.
LG invests $97m in Vista fund
A few months after LG Tech Ventures lifted its capital to $768m, the parent firm has backed Vista to seek AI, bio and automotive companies.
Kyocera to launch $40m fund with Global Brain
Kyocera Ventures Innovation Fund I will back developers of technologies including energy, mobility AI, chips and nuclear fusion.
ABN Amro Bank invests in climate fund
ABN Amro earmarked $1.1bn for green technology funding, with Nordic Alpha Partners’ Fund II being its fourth climate-related fund investment.
Kaldenbaugh to lead CVC for DoiT
He will oversee the cloud data management automation platform’s strategic investments.
Ritzmann to head E.On Group Innovation
Mark Ritzmann has become CEO at German utility E.On’s innovation and incubation subsidiary, after six years at the firm.
Scaling alternate meats is an uphill battle – CVC Unplugged
Cereal Docks’ CVC chief tells CVC Unplugged that getting plant-based proteins competitive again will be difficult but not impossible.
PDS Ventures launches a fashion accelerator
The Trailblazer Programme will enroll eight fashion startups that provide innovative technologies to fashion value chain.