The German insurer is shuttering the 40-person unit despite a strong track record of unicorn investments.

Finance teams are increasingly automating their operations with AI tools, opening up opportunities for B2B fintech startups.

Cleantech and IT remain the main focus for corporates, with fusion and hydrogen taking a big role.

Jason Bennett initially worked with startups seeking to access AWS cloud technology when he joined the company in 2010.

Sanofi's venture arm is going against a pharma bear market by upping investments and hiking its fund to $1.4bn. Unit head Jason Hafler says AI opportunities are a big reason why.

Divya Raghavan has departed from NGP Capital after four years to invest in software, data and AI on behalf of electronics producer Hitachi.

Austin Hwang is the first external hire at ADVentures.

At a decade old, ADP Ventures is one of the longest-standing venture builders. It has created 10 new businesses that are collectively bringing nine-figure annual revenues to the human resources software group.

Quantum is on the cusp of moving from research to commercial use and companies are exploring its potential for improving diagnostics and the discovery of new drugs.