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Information Technology

Intel’s startup accelerator Intel Ignite to close

The Israel-based startup accelerator run by the US multinational technology company is closing to cut costs.

Sep 4, 2024

Rösnick moves up at Wepa Ventures

Till Rösnick, who joined the paper towel producer’s CVC unit in 2020 as an investment manager, has been appointed as managing director.

Sep 2, 2024

Chua joins Alibaba to lead SEA and LatAm deals

After almost six years at East Ventures, Adriel Chua will back Southeast Asian and Latin American startups for the NYSE-listed ecommerce firm.

Sep 2, 2024

Energy companies increase investment in cybersecurity startups

Energy corporates are increasing investment in cybersecurity startups with particular focus on zero-trust solutions and post-quantum security.

Aug 29, 2024

Spinout spotlight: ETH spinout Optiml uses AI to decarbonise real estate

A hands-off approach from the Swiss university makes starting a software company like Optiml — which is using AI to map out CO² cuts in real estate — easier, says CEO Evan Petkov.

Aug 26, 2024

Chinese vacuum cleaner maker Dreame launches $1.5bn CVC

The Chinese unicorn, last valued at $2.8bn, will back AI and robotics startups through two funds under the newly formed Empyrean Venture.

Aug 23, 2024

Price leaves IBM Ventures

Paul Price departed from IBM Ventures after more than a decade in various innovation and M&A integration roles.

Aug 23, 2024

Intel Capital alumna Ishimwe joins US Department of Commerce fund

Josiane Ishimwe, who spent three years at Intel's CVC unit, will help the US Department of Commerce's Chips Investment Office make semiconductor investments.

Aug 20, 2024

Other News

Smyth becomes managing partner at Microsoft’s CVC unit

Andrew Smyth joined M12 to focus on cloud and cybersecurity deals, disclosing his first investment in database platform Neon in recent weeks.

Aug 20, 2024

Exits for corporate-backed startups rise 34% year-on-year in July

Private equity companies have been active in buying VC-backed companies, sometimes at a significant discount. Digital and life sciences startups dominate the list of exits.

Aug 12, 2024

Meet the small Boston startup cracking the corporate AI challenge

Linq is building a vector database management platform to help large companies use large language models based on their internal information.

Aug 8, 2024

Zendesk Ventures isn't waiting around for AI to become mainstream

Several CVC units are targeting generative AI, but customer service software provider Zendesk has launched one of the few that can onboard that technology right now.

Jul 31, 2024

Credit Saison commits $200m to Latin American startups

The financial services firm's Mexican and Brazilian units are each equipped with $100m, and CVC unit Saison Capital will play a key role.

Jul 29, 2024

Xiaomi raises $1.4bn for chip fund

Corporate investors JoulWatt, Southchip and Nano Star Ventures have become limited partners in the Chinese computer electronics producer's fund.

Jul 24, 2024

Editor's Picks

Corporate AI funds: The list

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

Jun 25, 2024

Sony and Intel back company making key part for next wave of…

UK smartphone camera component developer Cambridge Mechatronics’ latest round featured strategic investors Sony Ventures and Intel Capital.

Feb 13, 2024

Data problem slows corporate investment in AI

Adequate data collection and processing are not yet in place to ensure AI-based large language models will be useful to industry.

Aug 23, 2023

Bigger than the internet: Why corporates need to place bets on gen…

The valuations of generative AI startups are high and the tech is still untested, but corporate investors should still take some early bets.

Aug 11, 2023
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