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Scania to loan Northvolt $100m as battery maker files for bankruptcy

Scania’s loan will keep Northvolt operational during bankruptcy as it fights to survive.

Nov 22, 2024

Parent company financial troubles shuttered ZF Ventures

Financial troubles, including billions in debt, components manufacturer ZF Group doomed its CVC unit earlier this year.

Nov 15, 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

Corporate investors saw 53% rise in exits in October

Some 37 corporate-backed startups were either acquired or taken public in October, with the total value of exits at $4.37bn, a significant rise on last year.

Nov 11, 2024

Pode leaves German carmaker Porsche's startup scouting unit

Hadar Pode left her Israel-based managing director position at Porsche Digital after six years, without disclosing her new role.

Oct 31, 2024

Jaguar Land Rover CVC InMotion Ventures hires Chavassieu

Ex-ecommerce executive Edouard Chavassieu has joined InMotion Ventures as an associate and will help it expand its activities in mainland Europe.

Oct 25, 2024

Corporates are missing the $2 trillion agetech market

There is potential to create several $1bn-plus companies focused on products and services for older adults. But few corporate investors have this on their radar yet.

Oct 23, 2024

Ridley takes off from International Airlines Group's investment unit

Matthew Ridley is departing from his role as head of aviation group IAG's corporate venture and innovation unit, Hangar 51.

Oct 7, 2024

Other News

Airbus Ventures launches $155m deep tech and spacetech fund

FundY is the French aerospace company's fourth investment fund.

Sep 13, 2024

Skoglund joins corp dev at fuel transportation business Fairwater

Trish Skoglund joins the recent joint venture between Crowley and Seacor, two maritime logistics companies, as head of corporate development.

Sep 10, 2024

Toyota's debut mobility startups in European open innovation platform

Two-wheeled vehicle developer Genny and pedestrian accessibility startup Okeenea are among the first six companies to be selected for Toyota Open Labs.

Aug 15, 2024

Proetto promoted at auto tech investor Holman Growth Ventures

After a year working as an associate at the logistics management company’s CVC unit, Brandon Proetto is now a director.

Jul 12, 2024

Suzuki launches $40m impact CVC unit in India

Next Bharat Ventures, led by Vipul Nath Jindal, has begun accepting candidates for its four-month accelerator programme.

Jul 5, 2024

Suh leaves Hyundai Motor Group

John Suh, who helped launch CVC units Hyundai Ventures and Cradle, left the Korean carmaker after 13 years, without disclosing his next steps.

Jul 3, 2024

Editor's Picks

Maersk shifts to venture client approach to move faster on new tech

Maersk revamped its Maersk Growth innovation unit in June with a new team and a change in how it invests in tech and sustainability.

Jan 5, 2024

Long and short-term bets investors should make on sustainable aviation fuel

Algae, alcohol and electrofuels all have potential for creating sustainable aviation fuel — but which ones are winning backing from industry?

Aug 16, 2023

From AR to biochar – the thinking behind Stellantis' startup investments

Adam Bazih, head of Stellantis Ventures, says we're heading for a golden age of mobility tech as sustainable vehicles become affordable.

Jul 26, 2023

JLR's InMotion moves Fearn up to principal

Louis Fearn has been promoted to principal at JLR's corporate venture arm after three years as a venture investor.

Jun 26, 2023
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