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Consumer

CVC veteran Rimington named chief of staff of Woolworths Group

Alix Rimington takes on the role alongside that of general manager of global strategic alliances and innovation at the Australian retailer.


Aug 1, 2024

Consumer startups took the biggest bankruptcy hit in the last two years

The pandemic and cost of living crisis have weakened the sector, as the stories of these five startup failures demonstrate.

Jul 30, 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

UK universities lower spinout equity stakes amid calls for growth

Influential university groups like TenU and the policy agenda of the new UK Labour government are leading to a rethink on the appropriate ownership that universities should take in spinouts.

Jul 29, 2024

Ex-SoftBank investor Housenbold joins YouTuber MrBeast’s company

GCV Rising Star Jeffrey Housenbold, who helped set up telecoms firm SoftBank’s Vision Funds, has become president and COO at Beast Industries.

Jul 25, 2024

Can Baxus curb luxury drinks fraud by putting bottles on the blockchain?

The US-based startup is using blockchain to authenticate and track the luxury drinks traded on its platform.

Jul 24, 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

Updated: 6 more functional food startups to watch

From caffeine-infused teas to mushroom gummies and liquid meal supplements, updated for 2024: here are some more startups making waves in the functional food industry.

Jul 17, 2024

Five tips for corporates building their own startups

From choosing the right team to lead a new venture to creating a cap table that will attract venture capital investors, here are tips on how to do venture building well.

Jul 12, 2024

Fast fashion company Shein to launch $271m CVC fund

The low-cost clothing retailer, which wants to list in London this year, will back European sustainable fabric companies through the fund.

Jul 10, 2024

Mexican and Chilean CVC-as-a-service firms join forces

Innova360 powered by Bluebox will have 35 team members and $15m distributed among eight corporate venturing funds across Latin America.

Jul 10, 2024

UK Labour party win: Promise of spinout support and a Great British…

The change in government in the UK could bring a bigger focus on boosting spinout numbers and more investment in electricity grid upgrades.

Jul 5, 2024
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