Chris Eso, formerly VP of M&A and portfolio manager at Medtronic, will lead the medical device group’s corporate venture capital initiatives.

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

Masatoshi Nishi, who has been with the Japanese oil and gas producer for more than a decade, will oversee CVC activities for the firm.

The transition to electric mobility means fewer vehicles need transmissions, so Allison is looking for new business ideas from startups.

UK smartphone camera component developer Cambridge Mechatronics’ latest round featured strategic investors Sony Ventures and Intel Capital.

SAIC named Michael Hauser VP of products, investments and strategic partnerships, and he will be managing partner for its corporate VC unit.

Tokyo Electron’s strategic investment unit has four new members based in Japan, South Korea, Israel and Ireland.

Corporate VC veteran Stephan Baral has left Porsche Ventures to join the electric takeoff and landing aircraft maker.

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

The VC firm co-founded by Chinese EV maker Nio will continue to invest in automotive and energy technology companies locally through its new fund.