Hina Dixit, formerly a partner at M12 and head of AI investments at Samsung Next, is co-founding a startup still in stealth mode.
Tag: Information Technology
Salesforce Ventures doubles AI commitment to $1bn with new fund
The CVC unit has formed a second $500m fund, having invested in two dozen artificial intelligence startups, including Anthropic, Mistral and Cohere, in the past 18 months.
Intel’s startup accelerator Intel Ignite to close
The Israel-based startup accelerator run by the US multinational technology company is closing to cut costs.
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.
Energy companies increase investment in cybersecurity startups
Energy corporates are increasing investment in cybersecurity startups with particular focus on zero-trust solutions and post-quantum security.
Spinout spotlight: ETH spinout Optiml uses AI to decarbonise real estate
A hands-off approach from the Swiss university makes starting a software company like Optiml — which is using AI to map out CO² cuts in real estate — easier, says CEO Evan Petkov.
Chinese vacuum cleaner maker Dreame launches $1.5bn CVC
The Chinese unicorn, last valued at $2.8bn, will back AI and robotics startups through two funds under the newly formed Empyrean Venture.
Price leaves IBM Ventures
Paul Price departed from IBM Ventures after more than a decade in various innovation and M&A integration roles.
Intel Capital alumna Ishimwe joins US Department of Commerce fund
Josiane Ishimwe, who spent three years at Intel’s CVC unit, will help the US Department of Commerce’s Chips Investment Office make semiconductor investments.
Smyth becomes managing partner at Microsoft’s CVC unit
Andrew Smyth joined M12 to focus on cloud and cybersecurity deals, disclosing his first investment in database platform Neon in recent weeks.
Exits for corporate-backed startups rise 34% year-on-year in July
Private equity companies have been active in buying VC-backed companies, sometimes at a significant discount. Digital and life sciences startups dominate the list of exits.
Meet the small Boston startup cracking the corporate AI challenge
Linq is building a vector database management platform to help large companies use large language models based on their internal information.
Zendesk Ventures isn’t waiting around for AI to become mainstream
Several CVC units are targeting generative AI, but customer service software provider Zendesk has launched one of the few that can onboard that technology right now.