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Axelar enlists investors for $60m Web3 fund

SCB10X and Chorus One are among the partners that will back Web3 startups through blockchain interactivity startup Axelar's Ecosystem Startup Funding Program.


Dec 20, 2022

LVMH latest fashion brand to back climate tech startups

The $200m fund invests in early-stage startups in energy, building materials, food and manufacturing.

Dec 20, 2022

MDI Ventures: startup investing in Indonesia is all about being local

MDI Ventures CEO Donald Wihardja tells us why local service providers can prosper where big multinationals can't, and why his firm is set to facilitate a new wave of corporate VC in Indonesia.

Dec 20, 2022

The Big Deal: Group14 crowns battery tech's bumper year

The silicon-carbon material developer added cash from Microsoft Climate Innovation Fund and Molicel to close a $614m series C round as the industry continues to benefit from strategic investment.

Dec 16, 2022

Why every company should invest in spacetech

Space is a $1tn plus opportunity, even for companies outside the aerospace sector, and partnering early with new spacetech startups can give companies a head start. But consider these 5 things before you plunge in.

Dec 16, 2022

CRH to invest in construction tech through $250m fund

The European building materials manufacturer will fund startups innovating at the intersection of construction and clean energy tech.

Dec 16, 2022

Crypto startups move to protect assets after FTX collapse

Companies that received financing from the bankrupt crypto exchange have sought to block FTX from making claims on assets.

Dec 15, 2022

Corporate investors rush to back EVs and self-driving cars

While corporate-backed deals are down at the subdued levels we've been observing since July, mobility, logistics and gaming saw an uptick.

Dec 14, 2022

Emirates NBD enters the venture capital sphere

Head of strategy Neeraj Makin will oversee Dubai banking group NBD's corporate venture fund, one of the few to be set up by a Middle Eastern bank.

Dec 13, 2022

Inflation Reduction Act means US is stealing Europe's cleantech crown

The US’s $369bn climate act is a "game changer" in terms of size and could lure clean energy investors away from Europe.

Dec 13, 2022

10 spinouts to watch: December 2022

Enzymes to infinitely recycle plastic, a way to make green ammonia and an app to detect early Alzheimer's are among this month's noteworthy technologies.

Dec 12, 2022

The Big Deal: Getir's cut-price Gorillas purchase shows groceries delivery sector in…

Corporate-backed Gorillas was bought for just $1.2bn and, together with competitor Oda's $151m down round, it looks like winter is here for grocery delivery services.

Dec 9, 2022
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