The institution is starting afresh with its investment activities, having brought the management of its spinouts back in-house after Touchstone.

As head of strategic initiatives, Bechhold Russ will report to Vanessa Indriolo Vreeland, head of Truist's corporate venturing arm.

Airbus joined Virgin founder Richard Branson to buy into investment firm Seraphim Space Investment Trust through its initial public offering.

ChargePoint has agreed to pay $294m to acquire the EV charging station management platform, two years after the latter secured an undisclosed amount from Volkswagen.

The SoftBank-backed e-commerce services platform developer listed on the New York Stock Exchange, pricing the shares above their range.

BNP Paribas, SBI Group, Siam Commercial Bank, GV and Rakuten are set to exit the cross-border payment platform in a $963m acquisition by Visa.

Several corporates backed a $68m series D round for microbiome drug developer Vedanta Biosciences while grooming brand owner Pangaea raised the same amount from investors including Unilever.

Panakès Partners is now targeting a final close upwards of $210m for its Purple Fund, which has reached its Menarini-backed first close.

6 Dimensions Capital-backed neuromodulation technology developer Neuspera closed a $65m round while gene therapy developer Coave Therapeutics hiked its latest round to $39m.

Citi Ventures helped the expense management platform developer raise series C funding which will be used to accelerate product development and expansion across Europe.