Corporate venture investing has made a
minor comeback in recent months, with three corporations establishing
venture capital initiatives.
General Motors Corp., which has been an active investor in high-tech companies over the past few years, is committing $100 million to a new venture arm that will give the automaker a more structured way to tap into emerging technologies. “The idea is to identify early-stage technologies that we could potentially incorporate into GM vehicles,” said Jon Lauckner, who is heading General Motors LLC. “Also, there’s a possibility of a financial upside to boot.”
Kaplan Inc. launched its own venture arm to look at start-ups targeting students. Kaplan VC LLC is designed to identify and develop innovative learning strategies, technologies and products with the potential to transform education worldwide. The new group will be led by Jason Palmer, who will serve as senior vice president of Kaplan Ventures.
To read the full, original article click on this link: Corporate Venture Capital For Cars, Cola And Kaplan - Venture Capital Dispatch - WSJ
