Touchdown Ventures will manage Masco’s corporate venture capital fund in its latest win.

US-based home improvement products manufacturer Masco set up a $50m corporate venture capital fund yesterday that will be managed by Touchdown Ventures. Masco Ventures said it would invest $500,000 to $5m in early and growth-stage companies targeting products and services that improve water management, create a connected home, enhance customer service and find ways to…

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