Wondering which corporate venturers have specialist investment funds for artificial intelligence? Here is the list of traditional funds and new units, offshoots and accelerators.
Tag: Information Technology
Korean internet firm Naver’s D2SF venture unit expands to North America
Naver’s accelerator arm backed two US startups last month, Claythis and YesPlz, and will continue to seek out opportunities in North America.
Saudi Aramco’s Wa’ed investment unit reserves $100m for AI deals
The petroleum producer’s $500m venture fund wants to back startups that can help Saudi Arabia become an artificial intelligence tech hub in the Middle East.
Brazilian IT company Montreal launches $5m CVC fund
Montreal launches $5m venture arm targeting early-stage digital technology startups.
Coccari becomes head of business software HubSpot’s CVC
Adam Coccari has become the managing director of HubSpot Ventures following two years leading US business software provider Intuit’s CVC.
What corporates are getting wrong about implementing AI
Too many corporates expect too much, too soon from their AI investments. Patience, strategic thinking and cultural change are crucial.
Crypto VC Gate Ventures and blockchain firm Movement Labs form $20m fund
The initiative, also backed by Thai family office VC Boon Ventures, will target blockchain projects specialised in Move, the programming language by Movement Labs.
Naor and Plaza join CapitalG to lead portfolio strategy
Alphabet’s growth fund appointed Adam Naor and Monica Plaza as VP of business development and operating partner, respectively.
Corporates give Korean software startups international springboard
Korea has a strong roster of startups providing software for industry and large conglomerates. They are now finding markets abroad, too.
Fewer — but bigger — corporate-backed startup exits in September
The longed-for recovery in startup exits hasn’t yet arrived. But those startups that did get bought or publicly listed in September did so at higher prices.
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.
Al-Nasser promoted to senior principal of CVC at Saudi IT firm Elm
After three years working for the Saudi IT services and consultancy company, Khalid Al-Nasser has been made senior principal of CVC.
Gen AI is hitting limits but these new chipmakers can help
Corporate investors are backing chip startups with solutions for the generative AI’s memory wall, interconnect and edge problems.
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.