Financial

Matt Carbonara was a managing director at Citi's venture arm for over six years, following CVC positions at Cisco and Comcast.

Quantum computers will be able to crack encrypted data within seconds. Corporate investors, particularly telecoms companies, are now actively investing in technologies that can protect them.

The online trading platform's Robinhood Ventures will open up its first fund, which has backed Databricks, Airwallex and Ramp, to public investors.

Igata will focus on new solutions for pre- and post-insurance processes and wellbeing, as well as a broad range of domains such as asset formation, mobility, healthcare, disaster prevention and mitigation, cybersecurity and green transformation.

Abdullah Albesher spent more than eight years at Aramco Ventures, the CVC arm of the Saudi oil company.

Trafigura's head of energy transition research and venture investment, Margaux Moore, has announced she is leaving the commodities trader.

While consumer tech continues to dominate corporate-backed funding rounds for Indian startups, sectors with deep tech affiliations are seeing rapid growth in India.

Citi Ventures, set up 15 years ago, was an early pioneer in corporate investing. This is what Arvind Purushotham, who set up the unit, has learned about bringing startups and big business together.