Frontier Fund II and Climate Fund II have each received $150m to further explore technologies like AI and renewable energy for the carmaker.

Metalab Ventures, backed by the interface design firm and other investors, will seek product-led startups from pre-seed to series A stages.

The joint programme with Founders Factory will target technologies strategic to the mining industry such as decarbonisation and automation.

Arca Continental has shut its CVC arm, one of the more prominent units in Latin America, as the likes of SAP, ZF and Verizon fall back.

Orano Venture Fund will run for five years and invest in about 20 industrial startups.

The snack producer’s renewed CVC unit will focus on investing in more mature food businesses for eventual acquisitions.

A few months after LG Tech Ventures lifted its capital to $768m, the parent firm has backed Vista to seek AI, bio and automotive companies.

The Trailblazer Programme will enroll eight fashion startups that provide innovative technologies to fashion value chain.

The Canada-headquartered media group will invest over $100m per year in generative AI companies in a bid to enhance its offerings.

Ana Troncoso Ceola will lead ABB Motion Ventures focused on sustainability and energy transition, which falls under the ABB Ventures umbrella.