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Nasdaq confirms strategic investment unit

The exchange operator's Nasdaq Ventures unit will invest less than $1m up to $10m in strategically relevant companies from seed to late stage.

Apr 21, 2017

Illumina increases CVC fund to $189m

The genomics technology producer has boosted the size of the corporate venture capital unit it announced in April last year from $100m to $189m with a $250m ceiling.

Apr 20, 2017

BDC goes corporate

Business Development Bank of Canada has formed a corporate innovation and venturing initiative and hired Michelle Scarborough to oversee strategic investment initiatives.

Apr 18, 2017

John Lewis reopens shop for startups

John Lewis and subsidiary Waitrose have teamed up for the fourth year of its retail technology accelerator, JLab, through which startups can apply for up to $125,000.

Apr 18, 2017

Pharmaceutical firms head to BaseLaunch

Novartis Venture Fund, Johnson & Johnson Innovation and Pfizer are supporting the newly launched Swiss healthcare accelerator.

Apr 18, 2017

Tianjin City launches $17.4bn fund

The fund, backed by Tsinghua Unigroup, will support the growth of industries including high-end manufacturing, IT, aerospace, new energy, new materials, pharmaceuticals and internet-related services.

Apr 13, 2017

Wells Fargo expands Innovation Incubator to $30m

The bank's cleantech incubator, formed with the US Department of Energy three years ago, will also expand its interest to transport, sustainable agriculture and the microgrid.

Apr 13, 2017

MIT starts the Engine

Having raised more than $150m, the new incubator will now focus on selecting startups.

Apr 10, 2017

Tennet gets Set for LP position

Energy transmission operator Tennet has joined a list of limited partners for Set Ventures' second fund that already includes Shell, Essent and PZEM.

Apr 10, 2017
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