CFO Javier Rodriguez is taking Owen Lozman's place as co-head of Merck's corporate VC unit, where he will lead its technology investments.

Tu, who has been with Prosus since 2021, will continue to advise the firm over the next year.

The foundation backs Georgia Institute of Technology's spinouts in areas including medtech, robotics, AI, marketplaces and defence.

Following the April departure of the unit’s other member, Mike Mahan has now also moved on from Stanley Ventures.

Fresh from leading Cathay Capital's healthcare division, Hongjie Hu has joined Novo's investment arm as a growth-stage partner.

James Loftus who led the team since 2022 is moving to a CFO role at Velocity Global.

Luis Valdich, a CVC veteran of fintech investing, has formed VIM Investors, a firm focusing on secondary market transactions.

Travis Smith joins Siemens Energy Ventures as senior venture clienting manager, where he oversees a training programme for staff.

Christoph Sommer is leaving his role in innovation at German utilities provider NEW, where he oversaw the group's venture clienting activity.

Kaweewut Temphuwapat held various innovation roles at PTT, Thailand's state-owned oil and gas company, before he moved to Siam Commercial Bank (SCB).