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Baidu books $141m for generative AI startups
China's Baidu is looking to build an ecosystem around its AI chatbot and app development platform with the newly launched Wenxin Investment Fund.
May 31, 2023Interface Polymers aims to transform the plastics industry
University of Warwick spinout has developed additive technology that improves plastic production cost, performance and recyclability.
May 31, 2023Thailand's Innopower forms $100m investment fund
Equipped with $100m, Energy Ignition Ventures will make decarbonisation investments in sectors including agriculture, mobility and energy.
May 30, 2023Fintech boom was just the start says Citi Ventures' Purushotham
The head of Citi's venturing unit talks about the explosive role of data in financial services and much more.
May 30, 2023Karlsson to lead H&M Group Ventures
Former investment manager Erik Karlsson is succeeding Nanna Andersen after she was promoted to head of New Growth & Ventures at H&M Group.
May 29, 2023Wayra Brasil and Vivo Ventures name new investment leads
Wana Schulze and Ivan Yoon will lead CVC investments at Telefónica’s seed and early-stage Brazilian subsidiaries.
May 29, 2023Generative AI is everywhere, but how can investors cut out the white…
As the generative AI gold rush continues, investors need to be able to separate fact from fiction
May 28, 2023ServiceNow hikes CVC commitment to $1bn amid AI race
Digital workflow company ServiceNow is the latest tech company to up its corporate venturing budget to make sure it stays current on AI.
May 26, 2023The Big Deal: Google backs Anthropic in the AI duel
Google's second big investment in Anthropic in three months puts it head to head with Microsoft-backed OpenAI in the generative AI race.
May 26, 2023Axa bets big on late stage with $1.6bn CVC initiative
Axa Venture Partners will invest nine-figure amounts through the new fund, which is expected to close in 2025 with its insurer parent putting up half the capital.
May 25, 2023Can corporate investors boost sustainable travel startups?
As the travel sector recovers post-Covid, sustainable tourism is emerging as a growing trend. But are corporates daring to back it?
May 25, 2023OpenAI Startup Fund raises over $175m
OpenAI Startup Fund has received $175m from 14 unnamed investors, surpassing its initial $100m target disclosed in May 2021.
May 25, 2023Featured Content
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