For the construction sector to become carbon neutral by 2050 it will need to rethink the materials it uses. Hemp is a potential alternative.

Frontier Airlines, Volaris and Wizz Air - none of which were CVCs two months ago - helped the startup raise $50m, but their purchasing power might end up being more important to the company's future.

Venture firm Aster is reportedly buying TotalEnergies' corporate VC portfolio following the oil and gas provider's transition to accelerator actvities.

University of Warwick spinout has developed additive technology that improves plastic production cost, performance and recyclability.

Equipped with $100m, Energy Ignition Ventures will make decarbonisation investments in sectors including agriculture, mobility and energy.

Wana Schulze and Ivan Yoon will lead CVC investments at Telefónica’s seed and early-stage Brazilian subsidiaries.

TDK's corporate venture arm has recruited battery producer Amperex as a limited partner for the EX1 fund, which will target electrification and decarbonisation startups.

The former investment analyst at JetBlue Ventures is relocating from the US west coast to Copenhagen, Denmark, for his new role.

Corporate investors have been the most active backers of startups in the country, focusing on fintech, ecommerce and logistics.

The third fund – backed by Sabic, BAT, Heraeus and Petronas – is targeting $100m and the latest close included Tong An and Anqing High-Tech Zone.