The US university has created a new office to coordinate its efforts to expand the startup ecosystem in its base of New Jersey and the broader region.

Flanagan doubled the Irish university's spinout rate during his time there.

Matthew Ridley is departing from his role as head of aviation group IAG's corporate venture and innovation unit, Hangar 51.

Formed in partnership with accelerator Founders Club, the CVC announced its first investment in embedded finance platform Baasic.

The European venture capital firm aims to raise a total €250m for its fourth fund by next year.

GCV Powerlist mainstay Gen Tsuchikawa left Japanese conglomerate Sony after two decades, having led its CVC unit in the past eight years.

Japan saw an 80% rise in corporate backed funding rounds while India saw a 45% increase and Israel saw a 38% drop.

After 12 years as an investor with Octopus, Lukasz Michalak has moved to the Ukrainian energy firm DTEK to work on clean tech investments.

Baris Aksoy has left Allianz-backed VC fund AV8 after five years, during which time he sat on the boards of a number of tech startups.

The UK institution has secured financing to launch a shared tech transfer office that will help develop more spinouts from the arts, humanities and social sciences.