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Asia

Taiho Innovations increases capital to $32m

Taiho’s Japanese university spinout-focused CVC arm’s capital injection came five months after its US sister unit got an additional $100m.

Jun 14, 2024

Pitts to lead strategic investments at Panasonic's incubator

PanasonicWell appointed Christie Pitts to identify family-oriented investment, partnership and M&A opportunities.

Jun 14, 2024

Merck Group's CVC to help South Korean uni assess startups

Merck Group and Korea Advanced Institute of Science and Technology’s MoU will entail M Ventures helping grow South Korea’s ecosystem.

Jun 12, 2024

Adecco Japan to help CVCs partner with entrepreneurs

In association with Tokyo Metro Government, the consulting firm will match corporate investors and startups based in the Japanese capital.

Jun 12, 2024

Japanese publisher Obunsha's CVC launches $6.4m second fund

Having invested in 16 companies and scored two exits, the firm’s new investment vehicle will continue to back edtech startups.

Jun 12, 2024

Japan's Uzabase launches $64m second investment fund

UB Ventures’ new fund secured capital from its parent company, Wistron’s Wise Cap subsidiary, banks and other investors.

Jun 11, 2024

These corporate accelerators are recruiting startups now

AI, fintech, sustainability and other startups wanting to work with corporations should consider these accelerator programmes run by ABB Robotics, IAG, TSB, AG and Cemex.

Jun 10, 2024

Porsche Ventures launches China fund

The CICC Porsche (Shanghai) Venture Capital fund, whose size is reportedly $118m, will target energy and connected vehicles in China.

Jun 7, 2024

Other News

Japan's Yamato launches second startup fund

Kuroneko Innovation Fund 2 has $51.5m in capital to continue to invest in strategic areas like cleantech, spacetech, fintech, robotics and AI.

Jun 7, 2024

Hosomura leaves Salesforce’s CVC unit

CVC veteran Takuya Hosomura, who spent a combined eight years at Rakuten Capital and Salesforce Ventures, joined Global Brain as a partner.

Jun 6, 2024

Toyoda leaves Japanese chemical maker JSR's innovation arm

Nobuyuki Toyoda has announced his departure from JSR's New Business Creation Department due to health issues.

May 31, 2024

Aramco Ventures searches for AI investments to aid energy transition

Aramco Ventures believes generative AI will be part of helping the Saudi oil major meet its 2050 net zero target.

May 30, 2024

Nvidia co-launches accelerator for AI startups in Singapore

The AI accelerator jointly created by Nvidia, Tribe and Digital Industry Singapore will choose 15 Singaporean startups for its first cohort.

May 29, 2024

How SC Ventures learned to build ventures on an industrial scale

SC Ventures, the innovation arm of Standard Chartered bank, has gone big on building its own startups. It has launched more than 15 so far and always has a pipeline of 30 projects.

May 17, 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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