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Page 18

Amazon increases India fund and plans to invest $120m in local startups

Amazon has increased the size of its Smbhav Venture Fund to $350m and will invest in companies digitising the production of goods.

Dec 10, 2024

Al Abri joins Omani utility Nama Group to manage investments

The move follows various roles in investment, business development and innovation.

Dec 6, 2024

Cummins’ India CVC head leaves to lead investment at aerospace and defence…

Ankit Harjai becomes CIO at MountTech Growth Fund after nearly two years at the CVC.

Dec 4, 2024

US defence lobbying firm JA Green’s CVC fund appoints two venture partners

Hondo Geurts and Mike Murray, both with decades of experience in the national security sector, joined Anzu-Green Critical Technologies Fund.

Dec 4, 2024

Troubled Anglo American closes startup investment unit

The embattled 117-year-old mining giant quietly axed its decarbonisation CVC team as part of a wide-ranging restructuring process.

Dec 3, 2024

Mitsui Mining and Smelting launches $33m investment fund

Like the first edition, Mitsui Kinzoku-SBI Material Innovation Fund II will be jointly managed by CVC-as-a-service group SBI Investment.

Dec 3, 2024

Japan's geospatial tech group Asia Air Survey launches investment unit

The Japanese aerial survey firm’s corporate venturing unit will invest in spatial information and decarbonisation technologies.

Dec 2, 2024

Kay Enjoji to leave Tokyo Electron investment unit

The veteran of the Japanese semiconductor and display equipment company is leaving the CVC unit he restarted in 2011.

Nov 29, 2024

VW investment boss' departure from Northvolt board adds to battery maker's woes

The departure of Sven Furhmann from Northvolt's board comes after a series of setbacks that have raised questions about the battery maker's future.

Nov 12, 2024

Japanese corporates pour money into spacetech startups

Japan is second only to the US when it comes to spacetech startups raising funding from the corporate sector.

Oct 30, 2024
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