Sony Innovation Fund: Africa will make investments in gaming, music, movie and content distribution sectors.
Category: Region
Turkey: Can CVC remove the funding roadblocks for startups?
Turkey has the ingredients to be a top tech market, but it needs investors to take more risk if its startups are to get past early stage.
The Big Deal: EH2 becomes hydrogen tech’s first unicorn
Ten corporate investors were part of a $380m series C round this week, including Fortescue, United Airlines, Rio Tinto, Amazon, Microsoft and BP.
Reality check: Has the IRA made the US a magnet for cleantech investment?
The US’s $369bn climate legislation, the Inflation Reduction Act (IRA), promises to put the US at the forefront of the clean energy transition, but the act has its limitations.
ADP targets the future of work with new fund
ADP Ventures has been launched with a five-person team and will invest in technologies related to its HR software provider parent.
Corporate-backed rounds take lion’s share of startup investments in Brazil
The CVC sector’s reputation is improving after a rocky start in Latin America’s largest economy.
Podcaster Romero joins Jera Ventures
Tim Romero has spent most of his career in Japan as a founder, podcaster and startup investor.
Visa launches $100m generative AI fund
The firm’s CVC unit, Visa Ventures, will lead the new fund, which will focus on B2B fintech and data technology companies.
Israel-based Kaiser leaves Intel Capital
Noam Kaiser is a venture capitalist focused in the Israeli ecosystem.
Mars Petcare unveils $300m second fund
Mars’ pet food and veterinary subsidiary has teamed up with Digitalis Partners to launch a second Companion Fund, following a $100m predecessor in 2018.
Debiopharm Innovation Fund to back seed startups
The biopharmaceutical CVC unit’s new initiative will back 15 seed-stage startups a year, especially those developing AI, data and digital health technologies.
The Big Deal: Anthropic leads the return of billion-dollar rounds
The week saw two billion-dollar rounds for the first time since the 2021 boom, but Anthropic and Rox Motor typify the top of a market increasingly concentrated in two areas.
CRH Ventures homes in on water tech to transform construction industry
The one-year-old $250m fund recently launched an accelerator to focus on early-stage companies that increase the efficiency of water in construction.
US hospital system participates in $30m healthtech fund
Nationwide Children’s Hospital and seed-stage venture studio Rev1 are partnering to invest in a dozen healthtech startups over five years.