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

TechCrunch

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. Octopus has also launched Electric Juice, an electric vehicle roaming network, and partnered with Tesla to launch Tesla Power.

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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. Sopoong has closed on around $8 million (10.3

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

TechCrunch

Darwinbox, which operates a cloud-based human resource management platform, has raised $15 million in a new financing round as the Indian startup looks to further expand in the country and Southeast Asian markets. This is one of Salesforce Ventures’ rare investments in Asia.

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TechCrunch: Where top VCs are investing in construction robotics

Dream It

Via TechCrunch by Arman Tabatabai: Venture capital has been flooding the various subverticals under the robotics umbrella in recent years, and the construction space is one of the largest beneficiaries. One of the most common areas of attention respondents highlighted were startups focused on construction and manufacturing.

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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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ZEBOX, an incubator for supply chain startups, launches its Asia hub in Singapore

TechCrunch

ZEBOX , an international accelerator network founded by shipping conglomerate CMA CGM to introduce more tech innovation into the supply chain industry, announced today the launch of its APAC headquarters. ZEBOX looks for startups in four area.