BMW was among the investors that backed the UK venture firm, which will be divided into a $100m seed fund and a $150m growth fund.
The VC fund backed by E.ON has reached a $120m first close and promoted Patrick Elftmann to US managing partner.
Equirus InnovateX Fund will invest in software, deeptech and fintech companies at seed stage, providing between $500,000 and $1m per deal.
The Japanese department store chain owner has partnered with Ignition Point, which already manages the corporate’s JFR Mirai Creators Fund.
Biotech venture capital is shrinking from boomtime highs, but Sakae Asanuma, CEO of Taiho Ventures, says now is a good time to find new novel treatments to back.
Japanese pharma firm Taiho has added $100m to its US-based CVC subsidiary, which has a team of five people.
The fund, co-managed with a seed-stage VC firm, will target AI, robotics and internet-of-things across multiple industries.
Co-founder Marcelo Claure is returning to lead the newly independent Open Opportunity Fund with Paul Judge, while SoftBank invests in its $200m second fund.
The construction firm’s Daiwa House Ventures is reportedly part of a $202m startup support initiative that will start early next year.
Oz Khan heads up venture capital for ADP, which has over a million clients that portfolio companies can partner with, and he tells us why now is the right time to launch ADP Ventures.