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

Asahi Kasei, Kashiwabara, Canon Marketing, Kirin, J Front, KHI, ShoPro, Sekisui and Denka will partner with startups through the scheme.

The Chinese unicorn, last valued at $2.8bn, will back AI and robotics startups through two funds under the newly formed Empyrean Venture.

As the Brazilian CVC market starts to cool, Valetec is looking to diversify its business with a venture building division.

The recommendations by UK research organisation Onward are aimed at increasing venture capital investment for underfunded technology transfer offices outside the Golden Triangle.

Finno Efra will invest in Thai and Southeast Asian seed to pre-series A tech startups, supplying up to $1.2m per deal.

A growing wave: corporate-affiliated capital for startup investments has gone from $140m in 2013 to $3.4bn, according to a recent survey.

Seven years ago the market was nascent, now even smaller corporates want to tap startup style innovation. Innova360 and Bluebox merged in part to make the most of that wave.

Ciro Gonzalez, formerly an investment associate at CVC unit Munich Re Ventures, has been appointed as head of Sigma Ventures.

Josiane Ishimwe, who spent three years at Intel's CVC unit, will help the US Department of Commerce's Chips Investment Office make semiconductor investments.

Indian state-backed petroleum company Bharat Petroleum (BPCL) has announced a five-year growth plan which will establish a corporate venture capital arm.