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

The Chilean auto parts manufacturer has shut down its $20m startup investment subsidiary and its Emasa Mobility Hub after three years.

Wondering which corporate venturers have specialist investment funds for artificial intelligence? Here is the list of traditional funds and new units, offshoots and accelerators.

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

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

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

Customer analytics platform Dunnhumby and its CVC unit will run the networking scheme to help match retail startups, partners and investors.

The $11.4m fund will be co-managed by M&A consultancy Paradigm Shift, and it is part of the funeral firm’s 70th anniversary business plan.

The Brazilian beauty and wellness group’s CVC unit will target seed-stage opportunities in circularity, beauty and customer service segments.

Taiho’s Japanese university spinout-focused CVC arm’s capital injection came five months after its US sister unit got an additional $100m.