Sectors

Sopra Steria Ventures wasn't delivering value for the parent company. Socheat Chhay came in a year ago to turn the unit around.

Volvo, Cemex and Procore are among the limited partners backing Zacua’s investments into next-generation construction

Basel has quietly built a life sciences ecosystem that’s becoming hard to ignore.

Some 54% of the dollars invested in generative AI startups last year came from funding rounds involving corporate investors. Stock markets are rewarding big corporate gen AI spenders handsomely.

There will not be enough rare earth metals to make the magnets industry needs in the next decade so the race is on to find alternatives.

Josh Balicki, formerly a senior associate at Nationwide Ventures, has taken a new role as a principal at the US insurer’s CVC unit.

Masatoshi Nishi, who has been with the Japanese oil and gas producer for more than a decade, will oversee CVC activities for the firm.

Brandon Gath, head of the Kraken-anchored Web3 venture firm, is readying a second fund as VC activity starts picking up for crypto and blockchain startups.

Claude-Sebastien Lerbourg, the Europe lead for Saint Gobain's CVC unit, is moving to an investment director position at venture firm Supernova Invest.

The transition to electric mobility means fewer vehicles need transmissions, so Allison is looking for new business ideas from startups.

The United Airlines Ventures Sustainable Flight Fund aims to invest in startups reducing emissions and promoted the production of sustainable aviation fuel.