Innova360 powered by Bluebox will have 35 team members and $15m distributed among eight corporate venturing funds across Latin America.

Yong-Jung Park, who spent six years as investment director at Naver, joined its D2SF unit to lead AI, consumer and enterprise software deals.

Isa Fuhrmann-Breitholtz, formerly head of Silicon Valley Hub at toy producer Lego’s CVC unit, launched South Bay to back real estate startups.

Olivier Garel, managing partner at Unilever Ventures, is one of the 100 leading corporate venturing professionals in our 2024 Powerlist.

Dong-Su Kim, CEO of LG Technology Ventures, is one of the leading corporate venturing professionals in our 2024 Powerlist.

Juan Palacios, managing director of Btomorrow Ventures, is one of the 100 leading corporate venturing professionals in our 2024 Powerlist.

Rachel Sheppard, director of ventures at Mars Petcare, is one of the leading corporate venturing professionals in our 2024 Powerlist.

Gen Tsuchikawa, chairman of Sony Ventures, is one of the 100 leading corporate venturing professionals in our 2024 Powerlist.

Sony's venture arm plans to look to Europe and beyond for backers when it launches its next fund, as it expands to Africa and seeks content as well as tech.

Co-managed by Innoh Associates, the CVC unit will operate for seven years and back strategic areas such as marketing, retail, energy and AI.