Corporate-backed startup funding rounds more than tripled year-on-year in Japan — CVC rounds have been steadily increasing in the country for the past year.

Alexandra Gerber, previously a CVC manager at Suntory Global Spirits, joined online betting company BetMGM.

Paul Price departed from IBM Ventures after more than a decade in various innovation and M&A integration roles.

Alix Rimington takes on the role alongside that of general manager of global strategic alliances and innovation at the Australian retailer.

The National Centre for Genomic Analysis, based in Barcelona, Spain, is preparing to launch a new spinout and is planning for several more following a revamp of its operations.

Alex Cochand, who helped Avios launch its startup investment programme in 2017, has returned to CVC through a director role at SEI Ventures.

The former managing director of the Spanish telecommunications company's investment unit has not disclosed where she is going next.

UK startup Nyobolt has developed battery technology that allows electric vehicle owners to fully charge their car in the same time it takes to fill a tank at the pump.

Corporate venture capital units see opportunities to invest despite the departure of financial VCs from startup financings.

Bertelsmann India Investments, a venture unit of media company Bertelsmann, has appointed Swati Murarka as its principal

Insurance industry veteran Tom Hoad will lead the collaborative industry initiative.

Salman Jaffrey was previously head of strategy at Wa'ed Ventures, an impact-driven venture capital fund of Aramco.

Kevin Weber will focus on fintech investments and enterprise capabilities at the investment arm of American Express.

The corporate VC arm invests in startups working at the intersection of food, agriculture, health and sustainability.