The Chinese unicorn, last valued at $2.8bn, will back AI and robotics startups through two funds under the newly formed Empyrean Venture.

As the Brazilian CVC market starts to cool, Valetec is looking to diversify its business with a venture building division.

Finno Efra will invest in Thai and Southeast Asian seed to pre-series A tech startups, supplying up to $1.2m per deal.

Ciro Gonzalez, formerly an investment associate at CVC unit Munich Re Ventures, has been appointed as head of Sigma Ventures.

Josiane Ishimwe, who spent three years at Intel's CVC unit, will help the US Department of Commerce's Chips Investment Office make semiconductor investments.

Indian state-backed petroleum company Bharat Petroleum (BPCL) has announced a five-year growth plan which will establish a corporate venture capital arm.

Andrew Smyth joined M12 to focus on cloud and cybersecurity deals, disclosing his first investment in database platform Neon in recent weeks.

CDIB Capital Group, a subsidiary of Taiwan's KGI Financial Holdings, has launched a $62m joint fund with a Japanese state-backed investment company.

After a five-month spell at a financial advisory group, Claudio Lambert returned to Grupo Rendimiento’s corporate venturing subsidiary as head.

Dennis Chang will lead investments in Asia excluding India and Japan.