ADT has invested $25m in a series C financing round that lifts BMW and Duchossois-backed location services company Life360's overall funding to $77m.

Mark Muth, previously at Unilever and GE, has moved to PriceWaterhouseCoopers to assist European corporates on their venture investment strategies.

David Flanagan, Ramamurthy Sivakumar, Bryan Wolf and Marc Yi, all in the US, David Thomas, in Latin America, as well as Marcos Battisti and Marcin Hejka, in the Europe, Middle East and Africa team, and Sudheer Kuppam, in Asia-Pacific are all promoted.

The firm recently made the first investment from a fund backed by mobile service provider MTN, which is targeting the middle class in emerging nations.

Venture capital firm Spark Capital has appointed John Melas-Kyriazi, most recently the CFO of StartX, as one of its investors.

Edward Colby, formerly a partner at venture firms Quadrille and Viventures, has taken up a position at Intel-backed Emotient.

Mark Crowell will step down as executive director of the innovation programme at Virginia University and plans on becoming a consultant based in North Carolina.

John Melas-Kyriazi will become an associate at Spark, a venture capital firm, at its Boston offices.

The biopharmaceutical startup is developing treatments for cancer and infectious diseases.

Global Corporate Venturing spoke to Matteo Rizzi, a general partner at Sberbank-backed SBT Venture Capital, about the emergence of fintech funds and the potential for banks to take a greater funding role.