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Page 16

Sapphire Ventures makes billion-dollar AI commitment

The $10bn enterprise venture firm, which began life as SAP's corporate venture unit, is following a number of CVCs in putting big money behind generative AI.

Jul 12, 2023

South Korean group launches $9m LX Ventures

The LG Group-launched holding group’s LX Ventures will invest in clean energy, industrial automation, green materials and chip technology.

Jun 30, 2023

Cox Enterprises launches new corporate venture fund

The newly formed Socium Ventures will invest up to $25m per deal, complementing the media, automotive and brodband group's existing CVC activities.

Jun 25, 2023

Dropbox joins the AI rush with $50m fund

Dropbox Ventures will back artificial intelligence-focused startups and was unveiled alongside two AI features for the company's cloud file storage service.

Jun 25, 2023

The Engine gears up for $350m Fund III

A regulatory filing reveals The Engine is aiming to raise $350m for its third fund, less than three years after raising $230m Fund II.

Jun 13, 2023

Salesforce hikes Generative AI fund to $500m

Just three months after setting up its generative artificial intelligence fund, Salesforce's corporate venture arm has added $250m as more corporates compete on startup deals.

Jun 13, 2023

Fonterra launches NSS fund

The New Zealand dairy producer’s Nutrition Science Solutions unit has disclosed a $10m investment in US microbiome startup Pendulum.

Jun 13, 2023

Rome's airport operator announces early-stage fund

ADR Ventures will invest in travel, hospitality and aviation technology on behalf of Aeroporti di Roma and fund graduates of its Fiumicino Innovation Hub accelerator.

Jun 2, 2023

TotalEnergies shutters $400m investment arm

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

Jun 1, 2023

NTT launches $143m fund

NTT Investment Partners Fund IV will support companies whose products help promote the firm’s high-speed broadband communication initiative.

May 31, 2023
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