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Masco launches $50M venture fund subsidiary Dustin Walsh Schostak Brother & Co. Home improvement products manufacturer Masco Corp. announced Feb. 16 the creation of $50 million venture capital fund. Masco Ventures, a subsidiary of the publicly traded Masco, will invest in future technologies in its sector, including products and services that improve water management, create a connected home, enhance customer service and find ways improve customer relationships, the company said in a new release. Several local companies have created venture funds in recent years, including GM Ventures and Lea...

Masco launches $50 million venture fund subsidiary Investments to focus on home improvement, connected home businesses Touchdown Ventures to manage fund Schostak Brothers & Co. Masco Corp. is headquartered in Livonia. Livonia-based home improvement products manufacturer Masco Corp. announced Tuesday the creation of $50 million venture capital fund. Masco Ventures, a subsidiary of the publicly traded Masco (NYSE: MAS), will invest in future technologies in its sector, including products and services that improve water management, create a connected home, enhance customer service and find ways ...