Patrick Schmitt left German car parts producer Continental after two years as senior investment manager at its CVC group.

Venture firm Vireo Ventures has received an undisclosed sum from the utility’s CVC unit, representing the latter’s second fund investment.

After six years at the CVC unit, Katelyn Johnson will be managing director at the investment firm where she will focus on fintech deals.

Deutsche Telekom’s VC spinout’s third growth fund closed at $330m while DTCP and Porsche-backed Incharge Capital reached a $120m first close.

GCV Emerging Leader Frederico Gonçalves is now partner and managing director of the CVC arm, following former head Luís Manuel’s departure.

The Chilean auto parts manufacturer has shut down its $20m startup investment subsidiary and its Emasa Mobility Hub after three years.

Alex Cochand, who helped Avios launch its startup investment programme in 2017, has returned to CVC through a director role at SEI Ventures.

GCV Rising Star Elana Lian has left her investment director role at Intel Capital and joined Dell Technologies Capital as a partner.

MSD Global Health Innovation Fund will partner with MSD Idea Studio in Singapore and Berlin to identify investment opportunities.

After three years as a director at the CVC unit, Antonia Elisa Soler Blasco will lead the team across San Francisco, Boston and Tel Aviv.