The corporate is set to split its investment staff into two regional teams under Alex Clavel and Greg Moon, following some 150 job losses.

Oil and gas majors have seen a lot of turnover in senior CVC roles over the past year.

Catherine Lenson, the first female managing partner at Softbank, has left the corporate venture arm of the Japanese technology conglomerate.

M12, a Microsoft Venture Fund, has hired Jason McBride as a partner, after working as the corporation's director of business development for two years

Jesse Vincent-Herscovici is the new president and chief executive at Axelys, following in the footsteps of interim CEO Nancy Rancourt and Paule De Blois who earlier this year joined the Quebec government.

Daiichi Sankyo has hired Shun Asami, previously senior investment director and San Francisco division head at Eisai Innovation.

As ArcelorMittal's XCarb Innovation Fund backs Form Energy's $450m series E round, its head tells us why the unit is targeting clean energy, hydrogen and smart carbon technology.