Verizon's corporate venture arm has stopped making investments and its lead executives have left the company, GCV understands.

After rejoining Hearst Ventures in July, Gabby Munoz was tasked to make fintech deals at the US media firm’s ratings agency subsidiary.

The Japanese electronics producer named Kwame Koranteng an investment manager for its CVC arm, representing its first Africa-based investor.

The new merged company will be known as Cerity Partners Ventures.

Michael Buzzo has taken a portfolio strategy role at the Australian mining group.

Hina Dixit, formerly a partner at M12 and head of AI investments at Samsung Next, is co-founding a startup still in stealth mode.

The CVC unit has formed a second $500m fund, having invested in two dozen artificial intelligence startups, including Anthropic, Mistral and Cohere, in the past 18 months.

Ionel Nechiti joined Saudi Aramco’s CVC subsidiary’s North American team led by managing directors Jim Sledzik and Daniel Carter.

Kyocera, the Japanese industrial ceramics and electronics multinational, has established a second fund to target startups in the US and EMEA region.

FundY is the French aerospace company's fourth investment fund.