The joint fund will invest in strategic areas like supply chain and sustainability for Tesco, Ahold Delhaize, Woolworths, Empire and Shoprite.

Iris Jensen, formerly senior associate at the German clean energy company Baywa RE’s CVC arm, has taken up an investment manager role.

Arca Continental has shut its CVC arm, one of the more prominent units in Latin America, as the likes of SAP, ZF and Verizon fall back.

Orano Venture Fund will run for five years and invest in about 20 industrial startups.

ABN Amro earmarked $1.1bn for green technology funding, with Nordic Alpha Partners’ Fund II being its fourth climate-related fund investment.

Mark Ritzmann has become CEO at German utility E.On’s innovation and incubation subsidiary, after six years at the firm.

The Trailblazer Programme will enroll eight fashion startups that provide innovative technologies to fashion value chain.

Karen Hui-Ying Wang started her career at Deutsche Bank as an analyst in 2016.

Ana Troncoso Ceola will lead ABB Motion Ventures focused on sustainability and energy transition, which falls under the ABB Ventures umbrella.

The swimming pool maker's new CVC, Fluidra Ventures, will invest in technology startups shaping the pool and wellness sector.