The capital boost puts Vivo Ventures in the league of larger CVCs in Brazil.

Drew D'Alelio will be based in Boston on the US east coast.

Ex-Powerlister Gonzalo Galindo Gout led the corporate VC arm of construction business Cemex since its launch in 2017.

Action Potential Venture Capital invests in bioelectronic medicines, which treat diseases with electrical pulses instead of drugs.

Daniel Gross went from a member of X-energy’s board to its CFO after four years at Amazon’s Climate Pledge Fund.

Olympus Innovation Ventures' second fund will invest in startups developing technology related to Olympus' endoscopy business, where it is a world leader.

Reed originally co-founded the unit as the investment arm of American Family Insurance in 2013.

The Texas-based company, which makes and distributes everything from K-Pop Demon Hunter backpacks to AC/DC water bottles, is looking for the next up and coming consumer brands to back.

Mpako set up the unit in 2021 and has seen the team build more than 12 companies, many of which have partnerships with Old Mutual.

The ecommerce services and software company plans to invest in five startups a year as it looks to build an ecosystem around its products.