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The $15m was raised by two unnamed investors and transferred to the fund through a special purpose vehicle associated with OpenAI Startup Fund.

Around 11% of Tencent's startup investments have been in the healthcare sector over the past five years as the internet company diversifies.

Scott Moonly will lead the advanced materials producer’s healthcare fund, sustainability fund and internal ventures.

Hideaki Matsuoka, formerly venture unit head at the pharmaceutical firm’s accelerator programme, has become head of ideation and creation.

The first wave of insurtech startups hit the wall trying to fight the industry's biggest players. Now, insurance CVCs say they're seeking the ones embracing a partnership model.

Ankit Harjai, head of corporate venture operations for Cummins in India, says the team is partnering with Shell to look for new automotive and energy startups.

A handful of energy and engineering corporations are starting to invest in startups that are developing novel energy options for data centres.

Vivian Cheng, formerly principal at venture firms CRV and Javelin Venture Partners, has joined the German industrial group’s CVC arm.

Some say it is the job of the CVC investment professional, while others say business unit heads can be more effective on startup boards.

From hiring foreign attaches to developing technologies for the commercial market, here are tips that defence tech companies should keep in mind when selling to the government.

While generative AI is the word on every investor's lips, hospital systems are still far from being able to benefit from this technology. The biggest hurdle to overcome? IT systems.