News
Auto and agribusiness company Proeza sells mobility tech investments to VC
2+ hour, 29+ min ago (293+ words) The Mexican group's VC unit has built a portfolio of more than 20 mobility tech startups. Grupo Proeza, the owner of a Mexican car parts manufacturer and agribusiness, has sold its corporate venture unit, Proeza Ventures, to US venture capital firm…...
Insurer Northwestern Mutual boosts VC fund by 75% to $350m
1+ day, 3+ hour ago (249+ words) The capital boost follows the CVC benefitting from the exit of fintech company Chime, which listed on the stock exchange in June 2025 US insurance company Northwestern Mutual has increased the size of its corporate venture capital fund to $350m from $200m as…...
Bosch commits "200m to deep tech venture building push
22+ hour, 38+ min ago (379+ words) Bosch Business Innovations aims to launch 20 startups by 2030, focusing on health, software-defined manufacturing and carbon capture. Bosch is stepping up its efforts to create startups from within, committing "200m over the next five years to build a portfolio of deep tech…...
Sopra Steria Ventures: How to get AI into Europe's core IT systems
1+ day, 4+ hour ago (835+ words) Socheat Chhay, who runs the investment arm of the French IT services company, on how to get AI into complex corporate and government environments. When it comes to AI, Socheat Chhay sums up the global situation starkly: "The US has…...
Bernardez to build up HR software firm UKG's venture arm
6+ day, 5+ hour ago (391+ words) Steve Bernandez, a former Avanta Ventures partner, will target worktech startups as the first member of UKG Ventures' investment team. Workforce management software provider UKG has hired corporate venture capital veteran Steve Bernardez as the first investor for its strategic…...
Q1 sees sharp jump in the dollars spent on oil and gas-backed startup funding
6+ day, 23+ hour ago (214+ words) Following a collapse in funding between 2022 and 2024, momentum is building for startups backed by energy sector corporations. There was a sharp jump in the first quarter of 2026 in the dollars spent in startup funding rounds backed by oil and gas…...
Ecommerce retailer Japanet quadruples size of VC fund to $200m after AI wins
1+ week, 1+ hour ago (168+ words) After a successful string of investments, the corporate boosts corporate venture capital fund. The fund, which now totals $200m and has Japanet as its sole limited partner, invests in frontier technologies such as generative and physical AI, and space tech. Initially…...
Defence company Lockheed Martin bumps up VC investment fund to $1bn
2+ week, 3+ hour ago (310+ words) The increase makes Lockheed Martin Ventures CVC's first $1bn defence tech fund, on the back of strong growth in the sector. US defence contractor Lockheed Martin has increased the size of its corporate venture fund by 250% to $1bn, making it one of…...
Ex-Service Now investor Kirk joins Databricks in ventures role
2+ week, 2+ day ago (213+ words) After leaving Service Now, Philip Kirk will oversee corporate development and ventures at fellow enterprise software company Databricks. The corporate venture arm of data and artificial intelligence software provider Databricks has hired former Service Now executive Philip Kirk as senior…...
Iran conflict highlights importance of startups in defence sector
3+ week, 5+ day ago (935+ words) Drone warfare and defensive surveillance needs mean startups are now essential for national autonomy, says MGF investment chief Ankit Harjai. The conflict in Iran is highlighting how the rapid development of defence startups is becoming crucial for national security, says…...