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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. The introduction of these two new funds, each worth $150 million, brings Toyota Ventures’ total assets under management to over $500 million.

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

TechCrunch

The new round — a Series C — for the Hyderabad-headquartered startup was led by Salesforce Ventures, the venture arm of the American enterprise giant. This is one of Salesforce Ventures’ rare investments in Asia. Salesforce Ventures is exploring more investment opportunities in India, he said.

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AI-driven energy startup Octopus hits $2B mark after $200M investment from Tokyo Gas

TechCrunch

billion) after attracting a $200 million (£150 million) investment from Tokyo Gas, for a 9.7% stake, in order to launch a joint venture. Octopus will own 30% of the venture, with Tokyo Gas owning the majority. Japanese Prime Minister Yoshihide Suga has set a target of reaching net-zero by 2050. billion valuation (£1.5

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New report examines Africa’s growth in the digital economy and VC investment landscape

TechCrunch

The market size of Africa’s digital economy is massive and, if projections go as planned, should top $712 billion by 2050. million jobs due to Google’s $1 billion investment in the continent. The continent’s investment story. From 2020 to 2021, it grew 2x faster than global startup funding, it said. Southeast Asia and Europe.

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Korean VC Sopoong closes $8M fund for startups focused on environmental impact

TechCrunch

Two years ago, South Korea unveiled a plan to reach carbon neutrality by 2050. Though some businesses may never be truly sustainable, a venture firm in Seoul argues that emerging climate-tech startups will help big manufacturers do better overall. Getting there will be another story.

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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 trillion annually allocated to low-emissions assets and enabling infrastructure.