In July last year, SR One and Lilly Ventures, the corporate venturing divisions of multinational pharmaceutical conglomerates GlaxoSmithKline and Eli Lilly respectively, co-led a $24m series A round for Nimbus Discovery.

Fate Therapeutics, a biotechnology company, has appointed Christian Weyer as their chief executive.

Vertu, a maker of expensive mobile phones incubated by Finland-based peer Nokia, hires Anssi Vanjoki as its non-executive chairman.

Takeda has snapped up US vaccine development company LigoCyte for $60m cash plus possible future earnouts.

Medical technology company Medtronic has acquired orthopaedic device manufacturer Kanghui Holdings for $816m.

Gaming company CrowdStar have appointed Jeffery Tseng to chief executive [CEO]. Former CEO, Peter Relan, will return to his role of executive chairman on the board of directors.

Savitt will report directly to Yahoo! chief executive Marissa Mayer, after founding Lockerz, an ecommerce company backed by Liberty Media. Mark Stabingas, previously Lockerz's chief operating officer, has taken over Savitt's role.

The chief executive of Pandora has joined the Cisco-backed company's board.

OnLive founder Steve Perlman is replaced as CEO following a sudden and unexpected restructuring.

Schillace had spent a little over a year at Google Ventures before joining Box after its recent $125m round.