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Holway joins RTX Ventures
Shalei Holway, formerly senior adviser at the US government's Small Business Investment Company, has reportedly become head of portfolio development at RTX’s CVC arm.
Apr 23, 2024Cummins plans to tap into "Startup India" movement
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.
Apr 22, 2024Next47 hires Cheng for partner role
Vivian Cheng, formerly principal at venture firms CRV and Javelin Venture Partners, has joined the German industrial group’s CVC arm.
Apr 18, 2024Turk promoted at Allison Ventures
Jordan Turk, a nine-year veteran at the vehicle propulsion system producer, ascended to innovation and technology strategist.
Apr 18, 2024Chevron gets $500m for third Future Energy Fund
The US petroleum supplier will continue to target areas such as decarbonisation, energy storage and carbon capture.
Apr 17, 2024Bain-backed VC focuses on AI for first investments
Bain alumni-founded Vendelux, Common Sense Privacy, Duckbill, Hived and Qube received funding from the management consultancy-backed fund.
Apr 16, 2024Drinks maker Beam Suntory launches investment unit
Venture services firm Mach49 has helped the owner of alcohol brands Jim Beam, Maker’s Mark and Yamazaki to launch the CVC initiative.
Apr 11, 2024Toyota Ventures gets $300m injection
Frontier Fund II and Climate Fund II have each received $150m to further explore technologies like AI and renewable energy for the carmaker.
Apr 11, 2024Categories
EventsGCV Institute: Landing the Value of Corporate VenturingEventsCorporate Venture in Brasil 2024 – International Delegation to BrazilNews Continued
Metalab launches $15m CVC unit
Metalab Ventures, backed by the interface design firm and other investors, will seek product-led startups from pre-seed to series A stages.
Apr 11, 2024Rio 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.
Apr 10, 2024Bose looks to CVC to overcome trillion-dollar 'Big Tech' rivals
Bose Ventures is exploring software investments and M&A as its speaker and earbud manufacturer parent competes with Apple and Amazon.
Apr 10, 2024Five 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.
Apr 9, 2024Thomson Reuters Ventures backs audit AI company Fieldguide
The media conglomerate’s evergreen CVC arm has taken part in the AI-driven audit company’s $30m series B round as part of its broader investment focus on artificial technology.
Apr 8, 2024Fidelity’s FISV promotes Sim to partner
Michael Sim, formerly principal at Fidelity International's strategic investment unit, has moved up to a partner role.
Apr 4, 2024Editor's Picks
Sony and Intel back company making key part for next wave of…
UK smartphone camera component developer Cambridge Mechatronics’ latest round featured strategic investors Sony Ventures and Intel Capital.
Feb 13, 2024Maersk shifts to venture client approach to move faster on new tech
Maersk revamped its Maersk Growth innovation unit in June with a new team and a change in how it invests in tech and sustainability.
Jan 5, 2024How dominant CVCs stalled the Thai tech ecosystem
After a promising start the Thai startup ecosystem has slowed. Some say too much corporate money may have been part of the problem.
Dec 14, 2023The 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.
Oct 27, 2023
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