Too many corporates expect too much, too soon from their AI investments. Patience, strategic thinking and cultural change are crucial.
Category: Sectors
Nupo Ventures spins out of Olam to go faster on fixing global food systems
Under pressure to simplify supply chains and improve sustainability, Nupo Ventures is building startups, with six under its belt so far.
Chilean food company Carozzi to invest $6m in startups
After months in stealth mode, Carozzi Ventures is ready to invest $6m over the next three years.
Times of India to help US media wrestle back ad revenue lost to tech giants
While 65% of US ad spend has slipped from traditional media to the hands of Amazon, Google and Facebook, the Times of India has protected its market share on the subcontinent by investing in startups. The publishing group now wants to bring the model to the US.
Five tech breakthroughs bringing us closer to beating cancer
Personalised treatment, combination therapies, vaccines and of course AI: pharmaceutical investors are backing a surge of new cancer technologies.
Former head of crypto investor Circle Ventures Lonergan founds Web3 VC
After launching crypto CVC Circle Ventures and leading it for three years, Wyatt Lonergan has founded a Web3 VC firm with a Circle colleague.
Tran to leave General Mills’ 301 Inc investment arm
Tran has led the packaged food company’s venture capital arm since 2022 but is now leaving to support his wife’s startup.
Ridley takes off from International Airlines Group’s investment unit
Matthew Ridley is departing from his role as head of aviation group IAG’s corporate venture and innovation unit, Hangar 51.
Brazilian university operator Grupo Integrado launches CVC
Formed in partnership with accelerator Founders Club, the CVC announced its first investment in embedded finance platform Baasic.
Michalak joins Ukrainian energy company DTEK as clean tech investor
After 12 years as an investor with Octopus, Lukasz Michalak has moved to the Ukrainian energy firm DTEK to work on clean tech investments.
Aksoy leaves Allianz-backed VC fund AV8
Baris Aksoy has left Allianz-backed VC fund AV8 after five years, during which time he sat on the boards of a number of tech startups.
Zavala leaves corporate venturing role at insurer Consorcio
Tomás Zavala is leaving after six years working on the Chilean financial services firm’s corporate venture capital activities.
Updated: Nine more spacetech startups for your radar
Investors — particularly corporates — have increased backing for spacetech startups in the past five years. Here are the new entrants catching their eye.
Bolgar Jackson leaves Danone Ventures after eight years
Holly Bolgar Jackson leaves the French food multinational’s CVC arm after eight years to join the core business’s enterprise strategy team.