CRM software company Salesforce has launched a US$50 million ($70.5 million) Australia Trailblazer Fund to invest in local startups.
HubSpot is the latest company to move into the corporate venture capital space, building on its handful of investments with the launch of a dedicated US$30 million ($41.5 million) fund.
We sat down to chat with Melissa Widner, general partner at NAB Ventures, the venture capital arm of National Australia Bank.
NAB has allocated a further $50 million in funding over the next two years to its venture capital fund NAB Ventures, bringing the total allocated to the fund until 2020 to $100 million.
Coca-Cola Amatil has partnered with BlueChilli to launch the Xcelerate accelerator as it looks to identify opportunities to grow outside its core business.