The former founder was an adviser to startups before taking on the new investing role.

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

The Dutch bank took a "third option" when it no-longer made sense to keep the venturing arm in house.

Venture firm Vireo Ventures has received an undisclosed sum from the utility’s CVC unit, representing the latter’s second fund investment.

Deutsche Telekom’s VC spinout’s third growth fund closed at $330m while DTCP and Porsche-backed Incharge Capital reached a $120m first close.

GCV Emerging Leader Frederico Gonçalves is now partner and managing director of the CVC arm, following former head Luís Manuel’s departure.

VC firm Plug and Play is partnering with the ports operator on the initiative.

Neil Cunha-Gomes will leave his head of EMEA fintech and digital assets role at SoftBank Investment Advisers.

MSD Global Health Innovation Fund will partner with MSD Idea Studio in Singapore and Berlin to identify investment opportunities.

Customer analytics platform Dunnhumby and its CVC unit will run the networking scheme to help match retail startups, partners and investors.