Fundraising

The AI infrastructure provider's share price jumped as it announced the formation of corporate venture unit CoreWeave Ventures.

Encevo, Verbund and EnBW are among the energy utilities that chipped in as European electrification-focused Vireo Ventures reached a final close of its debut fund.

Illumina Ventures started with a target of $300m for its latest fund but has cut that to $200m amid a tough climate for biotech investors.

Salling Seeds will back European retail, technology and sustainability startups and its first investment is in the East Jutland Innovation Fund.

Curql has built a collective of credit unions that are pooling their capital for maximum strategic benefit, says managing partner Craig Ibsen.

The fund is the largest fintech investment vehicle yet raised by credit unions and pushes Curql's overall assets under management past $600m.

Australia has one of the world's most mature university investment ecosystems, thanks to large pensions funds, Uniseed and royalties from wifi.

The number of funds is the same but European ones cover multiple universities — and the US still creates more university spinouts.

David Garcia, head of National Basketball Association team the Atlanta Hawks' venture fund, is targeting consumer experience ventures rather than sports technology.

The beverage giant and eight of its bottlers are pitching in to invest in sustainability across their ecosystem.