The corporate venture capital unit will invest in a fund run by Mendoza Ventures, a VC firm focused on fintech, AI and cybersecurity.

The CVC unit’s $266m fund will focus on insurtech and fintech startups, having backed three VC funds: Mundi Ventures, Speedinvest and Dawn.

The 12-week programme will start with five startups focused on decentralised commerce, marketing, advertising, payment and the metaverse.

Insurance industry veteran Tom Hoad will lead the collaborative industry initiative.

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.

The firm’s CVC unit, Visa Ventures, will lead the new fund, which will focus on B2B fintech and data technology companies.

The digital asset software producer plans to make between one and two investments a month out of its AQN Digital Ventures Fund, having backed seven startups so far.

After 12 years at Accenture across various roles, GCV Emerging Leader Ladi Greenstreet is moving to the retail bank next month.

The crypto trading firm’s new initiative will target companies that can help develop its offerings, and it follows the Web3 Fund in April.

BMLL and Snowflake tell GCV why its vast data lake is an ideal fit for Snowflake's marketplace and its corporate venture portfolio.