Trumpf’s corporate VC subsidiary has hired Jens Ortgiese, a former venturing director at Stihl Group, as principal.

Corporate venturing veteran Julien Cristiani will lead Europe and Israel investments for Schneider Electric’s $1bn investment arm.

Corporate venturing veteran Mads Møller has joined ABB electronification as head of ventures and group vice president.

The "edutainment" company will use the new money to expand to new markets and bring more high-profile experts to give masterclasses.

Indra, developer of a system that lets electric cars sell energy back to the grid, raised nearly $24m in a series B round led by return investor Gulf Oil International.

Recharge Industries may be purchasing prospective battery producer Britishvolt out of insolvency but its collapse highlights the risk corporates face backing infrastructure-heavy startups.

After three years as an investment director at Nutreco’s CVC arm, Erik Tveteraas has taken up a director of venturing role.

Seed-stage investor High-Tech Gründerfonds secured backing from a range of German corporates for its fourth fund, taking its total capital under management past €1.3bn.

Maersk is transforming from a shipping line to a tech-powered logistics company and Shereen El Zarkani, head of Maersk Growth, how startups will play a part.

More than a decade after leading SEB Alliance for appliance maker Groupe SEB, François-Xavier Meyer has become VC fund Sierra Venture Capital's latest partner.