After launching Socium Ventures in 2023 with a $300m fund, the US conglomerate has announced a second $300m targeting tech startups.

Adam Coccari has become the managing director of HubSpot Ventures following two years leading US business software provider Intuit's CVC.

Berger will lead the biotech investment for the Saudi city project, contributing to the Kingdom's goal of becoming a global biotech hub.

After initially launching as Neil&Buzz in April, TGW Logistics has relaunched its CVC arm as TGW Logistics Ventures and will soon start investing.

The new merged company will be known as Cerity Partners Ventures.

Matt Krna, formerly a partner at Japanese tech company SoftBank's CVC, has launched a VC service company, Two Meter Capital.

Several new corporate venture units have launched in the past few weeks, showing that big business is still committed to startup investing.

Several new entrants to the corporate venturing sector could keep the number of active units above their pre-pandemic highs.

The value of corporate-backed deals slumped in the third quarter, but sectors like energy and telecoms bucked the trend as did a few geographies like Israel.