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Transport and energy lead the way in October 2023

Deal count was up in energy and transportation among an overall decline in corporate-backed venture funding.


Nov 10, 2023

Posco Group launches $59m CVC

The South Korea-based steel mill owner plans to launch a new corporate venture unit to explore investment opportunities in the steel, battery, food and energy sectors

Nov 10, 2023

Tekfen tackles the undigitised industries with CVC arm

Construction, agriculture, manufacturing and real estate may feel like an unlikely combination, but Tekfen Ventures president Sinan Uzan explains why its $65m fund is targeting these ‘foundational industries’.

Nov 9, 2023

IBM introduces $500m AI venture fund

IBM Enterprise AI Venture Fund will support the corporate's Watsonx platform as it looks to target the 'enormous potential of the AI revolution'.

Nov 8, 2023

Towing's soil technology supports farmers moving towards sustainable agriculture

The Japanese university spinout has developed a crop cultivation system to enable more sustainable farming practices.

Nov 7, 2023

We’re not making the most of captured carbon — incorporating it into plastics…

Not only are we not capturing enough carbon but we are not making the most of what is collected. Using it in plastics production is an area we should explore further.

Nov 7, 2023

Azul Energy's battery tech addresses hydrogen fuel cell supply constraints

The Japanese startup has created battery technology that replaces the need for rare earth metals in fuel cell vehicles.

Nov 6, 2023

CVC Unplugged: Why CVCs should report to a CFO

EnBW New Ventures managing director Crispin Leick talks about why CVCs should focus on financial performance and become limited partners in other funds.

Nov 6, 2023

Resistance is futile: seven superconductor companies that want to change the world

From healthcare to fusion to quantum computing to space, superconductors have the potential to revolutionise the world. And the technology is finally ready to commercialise.

Nov 6, 2023

Generali Ventures launches $266m fund

The CVC unit’s $266m fund will focus on insurtech and fintech startups, having backed three VC funds: Mundi Ventures, Speedinvest and Dawn.

Nov 3, 2023

The Big Deal: Seurat paints the way to the future for 3D…

Several corporate investors were involved in Seurat raising $99m, promising increased speed and precision for its metal printing technology along with a lower carbon footprint.

Nov 3, 2023

Ex-M12 employee launches $350m biotech fund

Venture capital firm Bioluminescence Ventures emerges from stealth with two funds supported by institutional investors.

Nov 2, 2023
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