German food companies are some of the new corporate investors in startup Infinite Roots.

The US retail chain operator’s seven-year-old Store No 8 is ceasing operations and its head, Scott Eckert, is exiting the firm.

YF Strategic Insights will be managed by the company’s parent firm, YF Networks Group, joining sister unit PcComponentes Startup Booster.

The Japanese department store chain owner has partnered with Ignition Point, which already manages the corporate’s JFR Mirai Creators Fund.

Corey Christian has joined Robert Bosch’s CVC unit as an investment director, where he will focus on US east coast deals.

Ian Medford-Gonzalez will join Mexico-based startup Kuona as chief of staff and head of finance.

Henrique Maggi leaves Irani Ventures to join the beauty company’s venture unit.

Luba Safran, who spent seven years at AB InBev’s CVC arm, joined Mondelēz’s counterpart as a senior director to back emerging snack brands.

The fund will be based in Dubai and invest in gaming studios and other blockchain projects.

The food maker and asset manager is one of the few Central American companies to step into venture capital.