The air carrier aims to enhance the consumer travel experience by targeting startups internationally, following investments in Boom Supersonic and iSpace just over a year ago.

Corporate-backed asset management vehicle Raystone Capital will invest in artificial intelligence developers through the fund, which secured capital from several state-owned funds.

WarnerMedia Investments, the corporate venturing unit formerly known as Time Warner Investments, has reportedly shut while managing director Allison Goldberg has left the company.

GE Ventures is reportedly being considered for a spinoff as part of an ongoing, wide-ranging reorganisation of General Electric.

The conglomerate joined fellow limited partners Temasek and Asian Development Bank to back a $50m fund raised by Ascent Capital Partners.

Insurance group Axa has provided $150m for the second early-stage fund to be run by its corporate venturing subsidiary, following its $110m AVP Early Stage I fund in 2015.

Bridgestone will target mobility investments with the venture firm, whose corporate backers include Valeo, Orange and Publicis as limited partners.

SAP will commit 40% of the investable capital in its SAP.io Fund to support startups led by women and minorities, with a goal of backing at least 200 such companies within five years.

Annual review: 2018

Rob Lavine, News editor for Global Corporate Venturing, reviews the trends in venturing from 2018