US And Canada

VC capital often sways towards investing in technologies with an urban focus. But Silicon Valley investors are starting to home in on rural technology solutions right in their backyard.

Venture firm 46VC’s Dickson & Main Fund I will invest in companies associated with the university or the local Arkansas ecosystem.

The university’s new unit, which includes incubator, startup fund and brain trust, will be led by assistant vice president Joshua Espinosa.

James Chan, who holds a similar position at other funds, has joined the investment firm affiliated with the University of California.

Rich Lyons, current chief innovation and entrepreneurship officer at UC Berkeley, will become the university’s next chancellor on July 1.

Chris Brandt has been named interim president and CEO of K-State Innovation Partners following Rebecca Robinson's move to Oregon State University.

Ten corporate investors were part of a $380m series C round this week, including Fortescue, United Airlines, Rio Tinto, Amazon, Microsoft and BP.

The US's $369bn climate legislation, the Inflation Reduction Act (IRA), promises to put the US at the forefront of the clean energy transition, but the act has its limitations.

Adam Bazih, head of Stellantis Ventures, says we're heading for a golden age of mobility tech as sustainable vehicles become affordable.

David Garcia, head of National Basketball Association team the Atlanta Hawks' venture fund, is targeting consumer experience ventures rather than sports technology.