Former Zeon Ventures president Yoshi Kagawa will run corporate VC operations for the mining and metals group, which launched its second fund in December.

Kaweewut Temphuwapat, newly installed CEO of Siam Commercial Bank's venture arm, is targeting US startups to build on partnerships with the likes of Ripple and Together AI.

The importance of corporate venturing is growing for governments and startup ecosystems. But the industry is still looking for the optimal model.

Kaushik will manage L&T Innovation Fund's existing startup portfolio and look for further collaboration and investment opportunities.

The CEO of the university spinout fund is leaving at the end of this year.

The newly formed unit will focus on investing in AI technologies in the US to accelerate Naver's development in this area.

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

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

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.

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