The transition to electric mobility means fewer vehicles need transmissions, so Allison is looking for new business ideas from startups.

Anthony Philippakis has been promoted to general partner at GV where he will focus on investments in life science and healthcare startups.

Following the departure of Swisscom Ventures head, Dominique Mégret, the firm has hired a new senior team consisting of Stefan Kuentz, Alexander Schläpfer and Pär Lange.

Adele Moynihan will lead Bupa Ventures, which will target Asia-Pacific region healthtech and elderly care startups from seed to series A stages.

Siddharth Mehta, who help found corporate venture units in India for both Shell and TDK, is setting up a unit for SE Ventures.

Mo Jomaa, Alex Nichols and Jane Alexander will now serve as CapitalG's newest investment partners.

Manmeet Gujral and Kelly Barton have been promoted to vice president at CapitalG where they will focus on investments in machine learning and fintech startups.

SAIC named Michael Hauser VP of products, investments and strategic partnerships, and he will be managing partner for its corporate VC unit.

Tokyo Electron’s strategic investment unit has four new members based in Japan, South Korea, Israel and Ireland.

Corporate VC veteran Stephan Baral has left Porsche Ventures to join the electric takeoff and landing aircraft maker.