The joint programme with Founders Factory will target technologies strategic to the mining industry such as decarbonisation and automation.

The joint fund will invest in strategic areas like supply chain and sustainability for Tesco, Ahold Delhaize, Woolworths, Empire and Shoprite.

Q1 investment numbers see corporate investors staying strong, big rounds on the increase, and the crypto revival continuing.

Michael Sim, formerly principal at Fidelity International's strategic investment unit, has moved up to a partner role.

Orano Venture Fund will run for five years and invest in about 20 industrial startups.

A few months after LG Tech Ventures lifted its capital to $768m, the parent firm has backed Vista to seek AI, bio and automotive companies.

ABN Amro earmarked $1.1bn for green technology funding, with Nordic Alpha Partners’ Fund II being its fourth climate-related fund investment.

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

The VC firm co-founded by Chinese EV maker Nio will continue to invest in automotive and energy technology companies locally through its new fund.

BMW was among the investors that backed the UK venture firm, which will be divided into a $100m seed fund and a $150m growth fund.