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Asia

Japanese conglomerate Mitsubishi sets up startup investment arm

The company is allocating $700m to backing startups that can help it transform its business portfolio.

May 30, 2025

Chinese oil and gas company Sinopec launches $690m fund

The state-owned energy company has announced a new fund to invest in hydrogen startups across the value chain.

May 29, 2025

Hyundai Motor launches $91m investment fund

The Korean carmaker has collected capital from 10 of its affiliate companies for a fund that will back frontier technologies such as AI and robotics.

May 28, 2025

Indian tech company Info Edge to launch a third fund at $117m

Info Edge has announced shareholder approval for a third sector-agnostic fund to be managed by Smartweb Internet Services, totaling $117m.

May 27, 2025

Mitsui Chemicals launches $60m second VC fund

With the new fund in the US, Mitsui Chemicals aims to double down in its global investment strategy.

May 27, 2025

Japanese companies double down on startup investing

Corporates including Fujitsu, Mitsui Chemical, Daiwa, Hitachi and TDK have all committed to new startup investment funds since the start of 2025.

May 27, 2025

Temphuwapat hired to lead Thai bank SCB's ventures unit

Kaweewut Temphuwapat held various innovation roles at PTT, Thailand's state-owned oil and gas company, before he moved to Siam Commercial Bank (SCB).

May 21, 2025

DG Daiwa Ventures closes third fund at nearly $70m

Despite raising less money than its previous fund, DG Daiwa Ventures plans to back plenty of AI, blockchain and security startups.

May 20, 2025

Other News

Japanese games developer CryptoGames launches VC

CryptoGames’ new investment unit will look at the web3 gaming ecosystem and the trading cards sector.

May 15, 2025

Egyptian real estate firm Madinet Masr launches fund to boost innovation 

The company will deploy an undisclosed amount over the next five years into real estate developments.

May 12, 2025

South Korean car parts maker Hankook launches $11m CVC fund

The CVC team plans to raise hundreds of billions more won to invest beyond its core tyres and car parts businesses.

May 12, 2025

SCB 10X head Panich leaves to launch $250m AI fund

Tai Panich has departed from the $700m CVC fund she formed in 2020 and has recruited corporate LPs for AI-focused firm AIconic Ventures.

May 9, 2025

The CVC City Guide: Singapore

In the first of a new series on the world's corporate VC hubs, we get the lowdown on Singapore's tech scene from local CVC Sharan Makhija, of Singtel Innov8.

May 6, 2025

Suguru Yamaryo to head Itochu Corporation’s US CVC arm 

Yamaryo was president and CEO of Itochu Corporation’s Tokyo-based CVC and subsidiary.

Apr 29, 2025

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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