🗒️ Automaker-Affiliated VC Funds Seek Innovation
Pymnts.com: A thin film that can be integrated into a car’s windshield to display virtual objects as if they were located further down the road. An automated vehicle-inspection system that uses cameras and artificial intelligence to point out wear and tear on used cars. A lightweight material based on natural fibers that can replace plastic. Those are three projects being developed by companies that have received investments from the Volvo Cars Tech Fund, the automaker’s venture capital investment arm.
🗒️ The 2022 Headstream Accelerator application is recruiting entrepreneurs
Headstream: The Headstream Accelerator application has officially launched and is open to apply now until May 8th. We are looking for entrepreneurs, startup founders, and Innovators who are building enriching, empowering, supportive, and meaningful digital technologies for young people. Applicable innovations include social tech, ed-tech, and digital health innovations.
🗒️ Sweater Cashmere Fund Declared Effective by SEC—Opening Venture Capital Investing to Everyone
Yahoo: Sweater, the fintech company seeking to revolutionize the venture ecosystem by opening the venture capital (VC) asset class to everyone, had the registration statement for its first fund officially declared effective by the SEC—the Sweater Cashmere Fund. Now any investor, regardless of their accreditation status, will be able to invest into a fully-managed VC fund.
🗒️ General Mills Invests $15 Million in Funds for Minority and Female Entrepreneurs
Yahoo: General Mills today announced its venture capital arm, 301 INC, will invest a combined $15 million into two early-stage venture capital funds, Fearless Fund and Supply Change Capital.