But in 2020, China began to allow AICs to invest in tech startups at the early and mid-term phases in a pilot scheme launched in Shanghai. AICs’ investment ceiling has also been raised to 10 percent of their total assets at the end of the latest quarter from 4 percent, th...
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It will mainly invest in early-stage startups and focus on companies with solutions that can address climate change and empower women, the bank added. The bank said the fund has a 17-year fund life, allowing ADB to invest patient capital into clean-tech, fin-tech, agricultural technology, ...
HP Inc. – Silicon Valley's original garage startup – announced today the creation of HP Tech Ventures, a corporate venture group dedicated to finding "early stage companies with cutting edge technologies." HP CTO Shane Wall (left) appeared on CNBC to announce the new team. (Editor's note...
JVP Chairman Erel Margalit said that "by partnering with Mars, one of the world's most iconic brands at the forefront of innovation, we are confident in Israel's ability to be the foodtech leader of the future." George Graham, vice president of Mars Advanced Research Institute, said that ...
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On the other hand, the new private limited liability company will be mandated to; invest in mature, strategically aligned entities that will help accelerate Safaricom’s mission towards becoming a tech company by 2025. This entity will also act as the main investment ve...
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BEIJING, Jan. 11 (Xinhua) -- In the initial stages of traditional business strategies, enterprises tend to spend money on marketing to bring in fast returns, but increasing numbers of Chinese startups are now willing to invest in intellectual property (IP) despite the lengthier returns period....