Michael Buzzo has taken a portfolio strategy role at the Australian mining group.
Tag: Rest of World
Li joins BHP Ventures as lead principal
GCV Emerging Leader David Li will help the Australian mining firm’s CVC unit identify energy, climate and mining startups.
Telstra Ventures rebrands to Titanium Ventures
The Australian telecom firm’s VC affiliate changed its name to reflect its independent identity since spinning out in 2018.
Sony Ventures to go global for its next fund
Sony’s venture arm plans to look to Europe and beyond for backers when it launches its next fund, as it expands to Africa and seeks content as well as tech.
CVC is key to making South Africa a startup hotspot
South Africa’s strong fintech sector, financial and regulatory systems make it an opportunity for foreign investors, but local corporates need to help seed the startup ecosystem.
Rio Tinto to back seed startups through $9.5m accelerator
The joint programme with Founders Factory will target technologies strategic to the mining industry such as decarbonisation and automation.
Five global retailers launch $125m VC fund, W23 Global
The joint fund will invest in strategic areas like supply chain and sustainability for Tesco, Ahold Delhaize, Woolworths, Empire and Shoprite.
Bupa APAC looks to fill funding gap for Australian healthcare startups
The UK-headquartered health insurer has set up a A$20m fund in Australia to back young startups in healthcare areas like genomics and wearables.
AC Ventures leads a flurry of CVC unit closures
Arca Continental has shut its CVC arm, one of the more prominent units in Latin America, as the likes of SAP, ZF and Verizon fall back.
Bupa launches a $13m fund in Australia
Adele Moynihan will lead Bupa Ventures, which will target Asia-Pacific region healthtech and elderly care startups from seed to series A stages.
The Big Deal: Husk targets “half the planet” with its solar systems
Husk Power Systems has just raised $100m from investors including Shell to build 1,500 solar mini-grids in India and Nigeria in the next four to five years.
Mandiri to launch Global Climate Tech Fund
Over a third of Mandiri Capital Indonesia’s Global Climate Tech Fund’s capital will go to local climatetech developers.
The Big Deal: Australia’s Employment Hero plans global growth after $1bn valuation
HR software provider Employment Hero has scored a unicorn valuation as it looks to strengthen its international presence – and Seek could have the ideal CVC profile to help.
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.