Naver’s accelerator arm backed two US startups last month, Claythis and YesPlz, and will continue to seek out opportunities in North America.
Tag: Consumer
Corporates are missing the $2 trillion agetech market
There is potential to create several $1bn-plus companies focused on products and services for older adults. But few corporate investors have this on their radar yet.
Daily Mail Group’s venture arm announces two new funds totalling £50m
DMG Ventures has announced two new $32m funds that will use media for equity arrangements, an increasingly common investment strategy.
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.
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.
Tsuchikawa bids farewell to Sony Ventures
GCV Powerlist mainstay Gen Tsuchikawa left Japanese conglomerate Sony after two decades, having led its CVC unit in the past eight years.
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.
Japanese ketchup maker Kagome launches $50m CVC fund
Formed in association with US venture firm SVG Ventures, the Sunrise Fund will back early-stage agritech startups.
Koranteng joins Sony Innovation Fund in Africa
The Japanese electronics producer named Kwame Koranteng an investment manager for its CVC arm, representing its first Africa-based investor.
How investors can ride the latest Korean beauty wave
Korean beauty brands have become worldwide hits and investors are flocking to the sector. This is how Signite Partners is staying ahead of the game.
Lickfett made VP of breakthrough innovation at drinks maker Diageo
Benjamin Lickfett is also head of Diageo’s incubator, Fusion Partnership Lab.
Rösnick moves up at Wepa Ventures
Till Rösnick, who joined the paper towel producer’s CVC unit in 2020 as an investment manager, has been appointed as managing director.
Chua joins Alibaba to lead SEA and LatAm deals
After almost six years at East Ventures, Adriel Chua will back Southeast Asian and Latin American startups for the NYSE-listed ecommerce firm.
Camera manufacturer Nikon’s CVC launches a $51.5m fund
The US-based investment arm of Japanese camera manufacturer Nikon has partnered with Geodesic Capital to launch a $51.5m tech startup fund.