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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 Venturesinvestment approach isn’t changing, it’s broadening the scope of startups it will consider investing in. . “AI

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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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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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AppHarvest is now APPH: Rise of the Rest’s First Publicly Traded Company

Revolution

I am at once proud of and awed by Jonathan, whose dual-track passion for the future of food and the future of Appalachia has brought him to tears more than once since we first invested in early 2018. Having the opportunity to learn from the founders you back is by far one of the most rewarding parts of being a venture capital investor.

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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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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. “We launched Hy24 to catalyze the development of the hydrogen industry at scale by investing in hydrogen leaders and entrepreneurs,” stated Hy24 CEO Pierre-Etienne Franc.

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