Sectors

UFP Industries has hired Ross Bosn, formerly corporate strategy lead at Owens Corning, as a ventures principal for its nascent CVC unit.

Helium's $30m series B attracted several international corporates, and its healthcare software suite is an example of how Nigeria's companies are moving on from traditional areas like fintech.

It is time for startups and investors to get pragmatic about down rounds

For the construction sector to become carbon neutral by 2050 it will need to rethink the materials it uses. Hemp is a potential alternative.

Brendan Bulik-Sullivan, Crystal Huang, Frédérique Dame and Issi Rozen have been promoted from partner positions at the early-stage Alphabet fund.

Deborah Magid will leave IBM at the end of this week as strategy role is eliminated at the computing company's CVC.

Insiders are concerned about the future of the corporate investment unit after the two senior-level departures.

KDDI Open Innovation Fund's director of investment, DK Mitani, will leave the firm next month for a new role based in Tokyo.

US startup CerebrumX uses artificial intelligence and its deep learning platform to make sense of the large volumes of data created by connected cars.

ADR Ventures will invest in travel, hospitality and aviation technology on behalf of Aeroporti di Roma and fund graduates of its Fiumicino Innovation Hub accelerator.

Frontier Airlines, Volaris and Wizz Air - none of which were CVCs two months ago - helped the startup raise $50m, but their purchasing power might end up being more important to the company's future.