Regulation

Boeing and corporate venturing unit HorizonX are being sued by bankrupt former portfolio company Zunum over claims of technology theft and fraud.

MDI Ventures, BRI Ventures and Mandiri Capital Indonesia will be tasked with investing in technologies that can modernise state-owned enterprises.

The UK will provide approximately $312m in convertible debt for coronavirus-affected companies to match private investment, and has earmarked the rest for its Innovate UK agency.

Startups with fewer than 500 employees will be able to apply for loans of up to $10m from the US government's $350bn Paycheck Protection Program.

Proposed regulatory changes could make it easier for investment banks to make limited partner contributions to venture capital funds.

The Japanese government will introduce tax breaks for firms or corporate venturing vehicles backing tech companies to support domestic open innovation practices.

Researchers or investors could face jail terms if they work with someone they “ought to know” is under the direction of a foreign power.

The digital media group has restructured its corporate venturing activities on the same day as China revealed proposals which would place investments under greater scrutiny.

Various members of the corporate venturing industry have contacted Global Corporate Venturing to say they are concerned about proposed changes to European competition law. The European Commission recently consulted on a white paper which could chill venture investing by corporates in Europe.