Many of the companies have financial and corporate venture backers, as businesses seek alternatives to single-use plastics.

The Nato Innovation Fund has made a dozen investments in dual-use technologies that are already deployed in areas of conflict and with allies' armed forces.

Amazon has increased the size of its Smbhav Venture Fund to $350m and will invest in companies digitising the production of goods.

The move follows various roles in investment, business development and innovation.

Ankit Harjai becomes CIO at MountTech Growth Fund after nearly two years at the CVC.

Hondo Geurts and Mike Murray, both with decades of experience in the national security sector, joined Anzu-Green Critical Technologies Fund.

The embattled 117-year-old mining giant quietly axed its decarbonisation CVC team as part of a wide-ranging restructuring process.

Like the first edition, Mitsui Kinzoku-SBI Material Innovation Fund II will be jointly managed by CVC-as-a-service group SBI Investment.

The Japanese aerial survey firm’s corporate venturing unit will invest in spatial information and decarbonisation technologies.

The veteran of the Japanese semiconductor and display equipment company is leaving the CVC unit he restarted in 2011.