Europe is trying to create its own SpaceX effect, with a growing focus on backing smaller and nimbler spacetech companies.

The IT conglomerate’s $64m CVC subsidiary has made its first impact investment in microfinance service Gojo & Company.

The Bakery will help clients build CVC strategies while Staged Ventures will manage the funds and Pipe Ventures will provide deal flow.

Heavy industry accounts for 22% of global greenhouse gas emissions but is notoriously difficult to decarbonise. These startups are developing solutions, from new thermal energy storage and fusion reactor design to emissions monitoring.

The construction materials producer appointed Mitch Black as an entrepreneur in residence for its CVC and accelerator units.

Marc Bouchet will conduct deals for TDK Ventures Fund 2 while David Delfassy and Sam Hill will invest through Fund EX1.

From geothermal energy and mining tech to subterranean delivery systems, here are some of the most exciting startups focusing on what's underground.

Kuroneko Innovation Fund 2 has $51.5m in capital to continue to invest in strategic areas like cleantech, spacetech, fintech, robotics and AI.

After three years at the Japanese electronics group’s CVC unit, Marc Bouchet got promoted for a second time to senior investment associate.

The lobbying firm’s Anzu-Green Critical Technologies Fund will back defence technology startups and help them work with the US government.