Dubbed Iidabashi Cross Partners and led by Masaki Hasegawa, the fund will invest in back-office software developers.

Multi-billion dollar funding rounds for OpenAI and Waymo lifted the dollar value of CVC-backed rounds to levels last seen in 2022. But there's an underlying rise in deal numbers, too.

The petroleum producer's $500m venture fund wants to back startups that can help Saudi Arabia become an artificial intelligence tech hub in the Middle East.

The initiative, also backed by Thai family office VC Boon Ventures, will target blockchain projects specialised in Move, the programming language by Movement Labs.

Formed in partnership with accelerator Founders Club, the CVC announced its first investment in embedded finance platform Baasic.

The Canadian venture firm is opening an office in Asia as Asian corporations flock to invest in its fifth fund and largest fund.

Formed in association with US venture firm SVG Ventures, the Sunrise Fund will back early-stage agritech startups.

The CVC unit has formed a second $500m fund, having invested in two dozen artificial intelligence startups, including Anthropic, Mistral and Cohere, in the past 18 months.

PruVen Capital's first fund had one corporate backer. Its second sees contribution from multiple insurance companies.

SEC filings show the CVC wants to raise its third nine-figure fund to back biotech startups.