The newly formed DX Ventures starts with more than $60m and nine portfolio companies under managing director Duncan McIntyre.
Germany-listed food delivery service Delivery Hero has committed €50m ($61m) to set up an independently-managed, early-stage corporate venture capital firm called DX Ventures.
Founded in 2011, Delivery Hero operates in more than 700 cities across about 50 countries spanning Asia, Europe, Latin America, the Middle East and North Africa.
DX Ventures will invest in sectors including on-demand services, food technology, sustainable innovation, artificial intelligence, financial technology and logistics.
Delivery Hero has been investing for a few years and the fund…
