US And Canada

GCV Emerging Leader David Li will help the Australian mining firm’s CVC unit identify energy, climate and mining startups.

Julien Auchecorne will lead digital asset trading firm Auros’s Ventures unit, which has invested $15m in 14 companies since late last year.

Jordan McAlister has left the US telecoms firm after nearly three years leading its venture and innovation strategy.

LG’s incubation unit hired Ramkumar Krishnan, who worked at multiple renewable energy companies, to identify cleantech opportunities.

John Suh, who helped launch CVC units Hyundai Ventures and Cradle, left the Korean carmaker after 13 years, without disclosing his next steps.

Hearst veteran Gabby Munoz, who was managing director at its strategic investment unit between 2019 and 2022, has rejoined the CVC team.

Ten corporate investors were part of a $380m series C round this week, including Fortescue, United Airlines, Rio Tinto, Amazon, Microsoft and BP.

The US's $369bn climate legislation, the Inflation Reduction Act (IRA), promises to put the US at the forefront of the clean energy transition, but the act has its limitations.

Adam Bazih, head of Stellantis Ventures, says we're heading for a golden age of mobility tech as sustainable vehicles become affordable.

David Garcia, head of National Basketball Association team the Atlanta Hawks' venture fund, is targeting consumer experience ventures rather than sports technology.