YF Strategic Insights will be managed by the company’s parent firm, YF Networks Group, joining sister unit PcComponentes Startup Booster.

Statkraft has contributed to a series B round for Aira, which is tackling a heat pump market CEO Martin Lewerth believes can reach €150bn in size every year.

After a decade at Air Liquide in various roles, most recently managing director for its CVC unit, Vincent Brillault joined Audacia.

Greger will manage the global portfolio for Hubert Burda’s CVC unit.

Luba Safran, who spent seven years at AB InBev’s CVC arm, joined Mondelēz’s counterpart as a senior director to back emerging snack brands.

Maersk revamped its Maersk Growth innovation unit in June with a new team and a change in how it invests in tech and sustainability.

Payments is an area fintech investors we've spoken to see as ripe for a shake up. They're also watching for an AI crash and the direction of interest rates.

MOL Plus, Maersk Growth and IMC Ventures will maintain the investment pace next year while exploring ways to further transform the industry.

It is no surprise to see genAI on this list, but semiconductors, EVs, green steel and batteries also featured heavily this year.

Allianz France and Edenred joined other LPs to back the investment firm’s Partech Venture fund, which is halfway through its target.