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Page 20

Posco Group launches $59m CVC

The South Korea-based steel mill owner plans to launch a new corporate venture unit to explore investment opportunities in the steel, battery, food and energy sectors

Nov 10, 2023

Tekfen tackles the undigitised industries with CVC arm

Construction, agriculture, manufacturing and real estate may feel like an unlikely combination, but Tekfen Ventures president Sinan Uzan explains why its $65m fund is targeting these ‘foundational industries’.

Nov 9, 2023

IBM introduces $500m AI venture fund

IBM Enterprise AI Venture Fund will support the corporate's Watsonx platform as it looks to target the 'enormous potential of the AI revolution'.

Nov 8, 2023

Generali Ventures launches $266m fund

The CVC unit’s $266m fund will focus on insurtech and fintech startups, having backed three VC funds: Mundi Ventures, Speedinvest and Dawn.

Nov 3, 2023

Ex-M12 employee launches $350m biotech fund

Venture capital firm Bioluminescence Ventures emerges from stealth with two funds supported by institutional investors.

Nov 2, 2023

Snowflake launches $100m software startup fund

The data and cloud-based services provider will invest in startups developing software based on its own apps.

Nov 2, 2023

Nikon and SBI Group launch $33m investment fund

The Japanese corporations have collaborated to launch the Nikon-SBI Innovation Fund II.

Nov 1, 2023

WeBuy Global IPOs and Payzer is acquired: October Roundup

WeBuy Global and J&T Global Express announce IPOs, Payzer is acquired and news funds launched.

Oct 30, 2023

Sony launches $10m fund to invest in African entertainment startups

Sony Innovation Fund: Africa will make investments in gaming, music, movie and content distribution sectors.

Oct 12, 2023

Shang Qi Capital powers up with $576m

Shangqi Huirong Shangcheng Yihao Industry Fund’s second close counts SAIC Motor Financial Holding Management unit among its LPs.

Oct 11, 2023
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