Bain alumni-founded Vendelux, Common Sense Privacy, Duckbill, Hived and Qube received funding from the management consultancy-backed fund.

Metalab Ventures, backed by the interface design firm and other investors, will seek product-led startups from pre-seed to series A stages.

The joint fund will invest in strategic areas like supply chain and sustainability for Tesco, Ahold Delhaize, Woolworths, Empire and Shoprite.

Daniel Correa and Ajey Kaushal, formerly senior associates at JLL Spark, have been promoted to principals.

Longhorn Digital Ventures Studio Kenya will act as an incubator for edtech innovations and support digital education content.

The US property developer has named Hugo Pywell a UK director at its CVC unit, where he has worked since 2022.

Sopra Steria Ventures wasn't delivering value for the parent company. Socheat Chhay came in a year ago to turn the unit around.

Josh Balicki, formerly a senior associate at Nationwide Ventures, has taken a new role as a principal at the US insurer’s CVC unit.

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

Avanta Ventures will not make new investments but managing partner Sanjiv Parikh will remain at the unit to manage the existing portfolio.