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TechCrunch: Where top VCs are investing in construction robotics

Dream It

Matt Murphy and Grace Ge, Menlo Ventures Which trends are you most excited about in construction robotics from an investing perspective? We are active in construction with investments such as HOVER and Fieldwire and believe the entire sector is right for a digital and automation overhaul. About 10 percent of our time.

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

TechCrunch

This is one of Salesforce Ventures’ rare investments in Asia. Peddi said the startup has always looked up to Salesforce for inspiration, and investment from the enterprise giant is “nothing sort of a child receiving validation from their father,” he said.

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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. Sopoong , a social impact-focused VC, intends to support environmentally minded tech founders in South Korea and Southeast Asia, while building a bridge between Korean conglomerates and startups in the sector. Getting there will be another story.

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Pangyo Techno Valley: Leading the Charge in ESG Management and Building a Sustainable Industry Ecosystem

AsiaTechDaily

Their heightened interest is reflected not just in their demand for ESG reports but also in surging investment volumes. Data from the Global Sustainable Investment Alliance highlights a staggering 605% increase in Sustainably-Themed Investing in 2020 compared to 2016.

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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. But despite all these, growth potentials remained enormous across these regions.

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SunCulture wants to turn Africa into the world’s next bread basket, one solar water pump at a time

TechCrunch

The world’s food supply must double by the year 2050 to meet the demands of a growing population, according to a report from the United Nations. And as pressure mounts to find new crop land to support the growth, the world’s eyes are increasingly turning to the African continent as the next potential global bread basket.

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REEF Technology raises $700M from SoftBank and others to remake parking lots

TechCrunch

Even after the collapse of WeWork, the investors are doubling down on a similar business model as part of a syndicate investing $700 million into REEF Technology. Meanwhile, REEF Technology and Oaktree are collaborating on a $300 million real estate investment vehicle, the Neighborhood Property Group, as Bloomberg reported on Monday.