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Page 3

Google for Startups creates Black Founders Fund
Google’s startup community has opened calls for submissions for its newly formed Brazilian inclusive investment fund, having revealed 20 graduates for its Africa-focused accelerator.
Aramco sets up $1bn diversification fund
Prosperity 7 Ventures is armed with $1bn and tasked with diversifying Saudi Aramco's interests into a range of innovative technologies.
Toyota tots up $800m for growth fund
The autotmotive manufacturer is pumping $800m into a growth-stage investment vehicle called Woven Capital that will begin operations early next year.
Emerald exhibits $100m water fund
Microsoft, SKion Water and Ecolab are among the limited partners in Emerald Technology Ventures' latest fund, which will invest $100m in water conservation technologies.
Corporates help DNX deliver $315m Fund III
A range of corporate LPs made commitments to the third vehicle raised by the US and Japan-focused venture firm, which has reached a final close.
Closed Loop Leadership Fund nets $30m from Nestlé
Nestlé's sustainable packing fund has backed buyout vehicle Closed Loop Leadership Fund, which has a $300m target for its final close.
Posco forges corporate venturing fund
The steelmaker has formed a $4.3m early-stage investment vehicle that will be managed by its Postech Holdings subsidiary.
Do Ventures opens doors to $28m first close
The Vietnam-focused venture firm’s maiden fund has attracted commitments from limited partners Naver, Sea and Woowa Brothers on the way to a $50m target.
Hanwha and Golden Gate delay $200m fund close
Hanwha Asset Management and Golden Gate Ventures' purported $200m growth-stage vehicle has reportedly hit a snag in the fundraising process.
DIP deepens startup engagement with 14th AI.Accelerator
The human resources firm’s incubator and accelerator scheme has chosen six startups for its latest batch, which will run from September to November this year.

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