Industrial

Serial entrepreneur Andrew Brackin and seasoned VC Siri Srinivas have joined Alphabet’s early-stage AI fund as partners.

Equirus InnovateX Fund will invest in software, deeptech and fintech companies at seed stage, providing between $500,000 and $1m per deal.

Both the US and China are putting forward national biotech strategies. Here is an idea of the disruptions to expect.

German food companies are some of the new corporate investors in startup Infinite Roots.

Healthcare systems are failing BIPOC women, but entrepreneurs are trying to fill some of the gap — if they can get the funding.

• Corporates invested 43% less capital in startup funding rounds in 2023 compared with the previous year. • The number of active corporate investors fell by 17%, as many opted to wait out poor market conditions. • The number of corporates taking LP positions in VC funds fell to its lowest level in a decade.

Backed by JPMorgan Chase, Honeywell, Amgen, Mitsui & Co, Quantinuum is working both on quantum hardware and software — and is now one of the biggest players in the field.

Koch Disruptive Technologies has promoted Israel-based director Jon Galitzer to a US managing director role.

After a decade at Air Liquide in various roles, most recently managing director for its CVC unit, Vincent Brillault joined Audacia.

Former East Ventures operating partner David Fernando Audy has moved to the Indonesian conglomerate’s Sinarmas Agribusiness and Food unit.

GUV is launching a weekly spinout tracker to surface the most exciting new and emerging companies based on university research.