Fosun RZ Capital alum Tej Kapoor will help IvyCap Ventures target financial, consumer, web 3.0 and gaming technology developers.

Noga Knaz will oversee Singaporean tech services firm Prytek’s corporate venturing subsidiary to seek out fintech opportunities.

Corporate-backed deal numbers are remaining resolute in India but cash levels are dropping sharply as the space remains ever more reliant on the consumer economy.

Maersk Growth took part in Afresh’s $115m series B round while ZeroFox acquired a Nasdaq listing when it completed a reverse takeover.

Tai Panich will now hold the CEO position at SCB 10X while maintaining her current post of chief venture and investment officer.

Lockheed Martin doubled the size of its venture arm to $400m while Ingevity, Geely, SKC and Daishin participated in Nexeon’s $170m series A round.

Binance has appointed chief marketing officer and co-founder Yi He as the new head of its incubator and venture unit as it looks to overcome turbulence in the Web3 market.

Xiamen C&D took part in OriCell Therapeutics’ $120m series B round while Shopify provided $100m in funding for Klaviyo.

These are the spinouts that caught our eye over the past month. Here's why they should be on your radar, too.

Singapore’s largest telecommunications company has hiked its venture arm’s operating capital by $100m as it looks to expand its international investments.