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LG and the hunt for the next-gen corporate incubator

TechCrunch

Whatever you do, don’t refer to LG’s incubator program LG Nova as a corporate venture capital (CVC) outfit. Because of that, they invest in companies with the potential to grow the market value. And a financial investment is just one part of that. So far, that sounds like any other corporate incubator.

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VentureBlick Raises $2.6M for Two Health Startups, Introduces Medtech Super Incubator

AsiaTechDaily

The venture’s goal is to validate, support, and invest in early-stage healthcare startups. The vetting process was curated to ensure that only the most promising and high-potential startups were considered for investment. Equally exciting is the opportunity to tap into VentureBlick’s extensive healthcare expertise and resources.”

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Agricultural biotech startup Boost Biomes adds a strategic investor in Japan’s Universal Materials Incubator

TechCrunch

Boost Biomes , the Y Combinator-backed developer of microbiome-based bio-fungicides and bio-pesticides for agricultural applications, has added $2 million in funding and picked up a new strategic investor in Japan’s Universal Materials Incubator.

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Enterprise escalator Impact Rooms rises to prepare African startups for growth and investment

TechCrunch

A few years ago, at the start of the fintech services boom in Africa, Oliver Blantern got an opportunity to work in the continent offering advisory services to high-growth startups. Impact Rooms is backed by US-based investment group Global Blockchain Ventures (GBV).

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MoveinSync Targets $50 to $60 Million in Latest Funding Drive for Commute Innovation

AsiaTechDaily

MoveinSync’s Strategic Funding Round This financing round is intended not only for growth but also to provide an opportunity for some of its early investors to partially exit. They aim to secure between $50 to $60 million.

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AARP Innovation Labs takes a holistic approach to age-tech at CES

TechCrunch

AARP Innovation Labs, the incubator program, highlights the many facets of aging in its CES’ virtual presentation with a roster of startups that were divided into five groups: community, clinic, wellness, financial services and housing. It connects users with a health coach and features nutrition and workout plans created for older adults.

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Fast Forward Venture Studio to build African startups from idea to scale

TechCrunch

With such roles, including as angel investors, brainstorming ideas and citing opportunities based on trends and tailwinds within the tech space is inevitable (for instance, Awoyemi co-founded a digital bank for migrants last year that has since pivoted from serving customers to businesses).

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