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Xiaomi raises $1.4bn for chip fund

Corporate investors JoulWatt, Southchip and Nano Star Ventures have become limited partners in the Chinese computer electronics producer's fund.

Jul 24, 2024

Singapore gaming firm Mon Protocol launches fund

Amid growing corporate confidence in crypto, Mon Protocol has teamed up with VC firm 500 Global to launch a fund targeting blockchain gaming startups.

Jul 22, 2024

Water tech company Xylem expands CVC investment by $50m

The company will use additional capital to finance startups aiming to tackle climate challenges in the water sector.

Jul 11, 2024

Fast fashion company Shein to launch $271m CVC fund

The low-cost clothing retailer, which wants to list in London this year, will back European sustainable fabric companies through the fund.

Jul 10, 2024

Crypto trader Auros launches CVC unit

Julien Auchecorne will lead digital asset trading firm Auros’s Ventures unit, which has invested $15m in 14 companies since late last year.

Jul 9, 2024

Spanish travel firm HBX Group launches $54m CVC fund

The new fund will be part of the travel technology group’s TravelTech Lab subsidiary and invest in strategically relevant startups and funds.

Jul 9, 2024

EnBW New Ventures invests in climate VC fund

Venture firm Vireo Ventures has received an undisclosed sum from the utility’s CVC unit, representing the latter’s second fund investment.

Jul 1, 2024

Zendesk launches fund to back AI customer service startups

Zendesk Ventures will target startups developing AI technology that can be used with its corporate parent's customer service platform, from seed onwards.

Jun 24, 2024

MSD's venture unit plans $38m spending in Europe and Asia

MSD Global Health Innovation Fund will partner with MSD Idea Studio in Singapore and Berlin to identify investment opportunities.

Jun 20, 2024

Japanese electronics maker Edion launches $63m CVC to address ageing population

Co-managed by Innoh Associates, the CVC unit will operate for seven years and back strategic areas such as marketing, retail, energy and AI.

Jun 20, 2024

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