Rachel Weiss has spent almost 15 years at L’Oreal and said she would be an early-stage investor at its Bold Ventures subsidiary.

Shell Ventures intends to invest the capital over the next six years to support energy technology startups and scale-ups.

EDF Pulse Ventures investment manager Loic Raynal is taking a short-term additional position at private equity firm Eurazeo.

Yamaha Motor Ventures and Laboratory Silicon Valley has promoted Anish Patel from partner to chief operating officer and managing director.

MSW Capital is among the funds managing $36m of venture capital cash for Banco do Brasil, which is controlled by the Brazilian government and listed in São Paulo.

Corporate venturing in China has bounced back and helped the country reach record investment activity in 2021.

Car leasing service Dishangtie Car Rental completed a $200m series D round featuring Ingka while crypto-asset software producer Lukka raised cash in a corporate-backed round valuing it at $1.3bn.

Amy Wu joined the newly formed FTX Ventures from Lightspeed Venture Partners, where she had overseen the firm's investment in FTX as a partner.

OSF HealthCare’s corporate venturing unit inaugurated its largest fund to date, following the close of $75m funds in 2016 and 2019.

GCV Emerging Leader William Zhao and Rising Star Will Wang have ascended to partner positions at BAI while legal and corporate communications director Christine Sun has been appointed COO.