Matcelerate Zero that brings together university research and corporates to speed up commercialisation of technologies seeks three industry partners to join the partnership.

The fund formed by Millitrust and Earth First Ventures will direct funding towards alternative protein technologies and startups

Several new corporate venture units have launched in the past few weeks, showing that big business is still committed to startup investing.

Corporations are playing a bigger role in supporting new entrants to the venture industry.

The number of $1bn plus CVC funds has increased, but most still work with less than $200m.

The $200m fund invests in early-stage startups in energy, building materials, food and manufacturing.