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Marie Ekeland launches 2050, a new fund with radically ambitious, long-term goals

TechCrunch

Marie Ekeland has unveiled her next act — and it’s a new fund called 2050. She invested in adtech firm Criteo, which later became a public company in the U.S. While she’s no longer involved with Daphni’s day-to-day activities, she still follows her own investments in Daphni’s first fund. Let’s start with the investment thesis.

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Rebranded Toyota Ventures invests $300 million in emerging tech and carbon neutrality 

TechCrunch

Toyota AI Ventures, Toyota’s standalone venture capital fund, has dropped the “AI” and is reborn as, simply, Toyota Ventures. So while Toyota Ventures’ investment approach isn’t changing, it’s broadening the scope of startups it will consider investing in. . The Frontier Fund is a step outside of mobility.

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Salesforce leads $15M investment in Asian HR tech platform Darwinbox

TechCrunch

This is one of Salesforce Ventures’ rare investments in Asia. Existing investors, including Lightspeed India and Sequoia Capital India, also participated in the round, which brings the five-year-old startup’s raise to-date to about $35 million. “We will be leveraging the power of our platform to do a lot more.

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Singapore’s InterContinental Energy Attracts $115M Funding from GIC and Hy24

AsiaTechDaily

Register Singapore-based InterContinental Energy has secured $115 million in equity investment to advance its mission of scaling up green hydrogen production. The infusion of capital from GIC and Hy24 will be crucial for the company in advancing InterContinental Energy’s green hydrogen projects.

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IFC launches new platform to bolster digital economy in Africa, Middle East, Central Asia, and Pakistan

AsiaTechDaily

This will be used to strengthen venture capital ecosystems and invest in early-stage companies in order to address development challenges through technological innovations in climate, health care, education, agriculture, e-commerce, and other sectors. trillion and create 1.5 million manufacturing jobs in the next 30 years.

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TRIREC, INNOPOWER team up for $100m green energy fund

AsiaTechDaily

Register Singapore-based venture capital firm TRIREC and Thai energy innovations company INNOPOWER announced today the formation of Energy Ignition Ventures, a $100-million growth-stage fund aimed at promoting decarbonisation initiatives.

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Impact Hub Scaling Green Ventures: Meet The Innovators Accelerating Climate Action

Impact Hub

According to a recent McKinsey report , reaching net zero by 2050 could require a 60% increase in capital spending on physical assets compared to current levels. The total investment needed amounts to $9.2 trillion per year until 2050, with $6.5