Financial

Karen Hui-Ying Wang started her career at Deutsche Bank as an analyst in 2016.

Kevin Ssemwogerere, previously a renewable energy-focused CVC lead, is appointed SVP of investment banking ventures at the South African bank.

Josh Balicki, formerly a senior associate at Nationwide Ventures, has taken a new role as a principal at the US insurer’s CVC unit.

Brandon Gath, head of the Kraken-anchored Web3 venture firm, is readying a second fund as VC activity starts picking up for crypto and blockchain startups.

Adele Moynihan will lead Bupa Ventures, which will target Asia-Pacific region healthtech and elderly care startups from seed to series A stages.

Avanta Ventures will not make new investments but managing partner Sanjiv Parikh will remain at the unit to manage the existing portfolio.

Turkey has the ingredients to be a top tech market, but it needs investors to take more risk if its startups are to get past early stage.

The corporates both committed further nine-figure sums to back startups in the rapidly growing Indian venture market.

Wana Schulze and Ivan Yoon will lead CVC investments at Telefónica’s seed and early-stage Brazilian subsidiaries.

Axa Venture Partners will invest nine-figure amounts through the new fund, which is expected to close in 2025 with its insurer parent putting up half the capital.