Rakestraw said Temasek has had an existing agriculture business area for some time but the venture capital investment was new.

Naspers' Tencent share sale and the legacy of investor Li Ka-shing indicate the capital generated in Hong Kong in recent years.

Eric Vincent, formerly Engie's deputy director of corporate venture capital, has been hired by Demeter Partners as a partner.

Google-backed AI fund Gradient Ventures has hired Muzzammil Zaveri, a former member of Tencent's Silicon Valley team, from an investor role at venture firm KPCB.

Xiaoguang Sun, a former Intel Capital director, has moved from an MD role at private equity firm Yellow River Capital to head RBVC's China activities.

Julia Hawkins, formerly head of strategy and investments for Universal Music UK, has joined venture firm LocalGlobe as a partner.

The corporate could bring its $97.7bn Vision Fund and Fortress Investment asset management activities under an umbrella called SoftBank Financial Services.

Tanel Ozdemir, an alumnus of UCL, has joined Albion Capital as an analyst of the UCL Technology Fund.