The German insurer is shuttering the 40-person unit despite a strong track record of unicorn investments.

Ecommerce group Naspers' investment arm, Prosus, is set to invest in startups earlier than ever through the partnership.

Tomoyuki Otsu joined Mitsubishi straight after university and took part in various business development and VC roles.

Jason Bennett initially worked with startups seeking to access AWS cloud technology when he joined the company in 2010.

Divya Raghavan has departed from NGP Capital after four years to invest in software, data and AI on behalf of electronics producer Hitachi.

After a lengthy process of figuring out how to proceed with its CVC strategy, the Brazilian energy company will begin VC investing early next year.

Austin Hwang is the first external hire at ADVentures.

The Middle Eastern company has appointed serial entrepreneur Rakhil Fernando as the new head of the unit.

Florian Hirschberger has worked at the German mass media company's growth stage investment division since 2014.