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Asia

Cummins 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, 2024

Carbon capture deals dominated energy investing in Q1 

Clean energy in general and carbon capture projects in particular were the key focus for energy sector investors in the first quarter of this year.

Apr 11, 2024

Drinks 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, 2024

Toyota 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, 2024

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.

Apr 9, 2024

Takehana ascends at Ajinomoto

Shunji Takehana, a 25-year veteran at the food seasoning provider, is now SVP and general manager for Ajinomoto Corporate Venture Capital.

Apr 4, 2024

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.

Apr 1, 2024

LG invests $97m in Vista fund

A few months after LG Tech Ventures lifted its capital to $768m, the parent firm has backed Vista to seek AI, bio and automotive companies.

Mar 21, 2024

Other News

Kyocera to launch $40m fund with Global Brain

Kyocera Ventures Innovation Fund I will back developers of technologies including energy, mobility AI, chips and nuclear fusion.

Mar 21, 2024

STC Group launches venture capital firm

Tali Ventures will invest in early to growth stage startups to advances initiatives in the digital ecosystem.

Mar 11, 2024

Nishi to lead startup investments for Inpex

Masatoshi Nishi, who has been with the Japanese oil and gas producer for more than a decade, will oversee CVC activities for the firm.

Feb 21, 2024

18 women to watch in CVC in the Middle East

A number of corporations have launched CVCs in the Middle East. Here are the women putting the region's venturing on the map.

Feb 20, 2024

Reazon Holdings launches investment division for Japan and SE Asia

Reazon Capital will invest in pre-series A startups in the entertainment, deep tech and growth markets sector - with a focus on Vietnam.

Feb 15, 2024

Ajinomoto CVC expands to America

The MSG seasoning manufacturer has opened a Silicon Valley CVC office three years after it began startup investment activities in Japan.

Feb 13, 2024

Editor's Picks

How 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, 2023

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.

Oct 27, 2023

Turkey: Can CVC remove the funding roadblocks for startups?

Turkey has the ingredients to be a top tech market, but it needs investors to take more risk if its startups are to get past early stage.

Oct 11, 2023

Indian ecosystem gets increased venture commitments from Zerodha and Krafton

The corporates both committed further nine-figure sums to back startups in the rapidly growing Indian venture market.

Aug 11, 2023
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