Amazon Industrial Innovation Fund will invest in logistics technology developers while the corporate's AWS Impact Accelerator is targeting founders from underrepresented backgrounds.

US-headquartered e-commerce and cloud services group Amazon announced $1bn investment vehicle yesterday that will back customer fulfilment, logistics and supply chain technology developers. The move came the day after the corporate’s cloud services subsidiary, Amazon Web Services (AWS), launched an accelerator with over $30m in capital that will concentrate on founders from underrepresented communities. Amazon…

The rest of this content is only accessible to Global Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.

Robert Lavine

Robert Lavine is special features editor for Global Venturing.