Venture firm 46VC’s Dickson & Main Fund I will invest in companies associated with the university or the local Arkansas ecosystem.

Scott Moonly will lead the advanced materials producer’s healthcare fund, sustainability fund and internal ventures.

Hideaki Matsuoka, formerly venture unit head at the pharmaceutical firm’s accelerator programme, has become head of ideation and creation.

The university’s new unit, which includes incubator, startup fund and brain trust, will be led by assistant vice president Joshua Espinosa.

James Chan, who holds a similar position at other funds, has joined the investment firm affiliated with the University of California.

Shalei Holway, formerly senior adviser at the US government's Small Business Investment Company, has reportedly become head of portfolio development at RTX’s CVC arm.

Vivian Cheng, formerly principal at venture firms CRV and Javelin Venture Partners, has joined the German industrial group’s CVC arm.

Jordan Turk, a nine-year veteran at the vehicle propulsion system producer, ascended to innovation and technology strategist.

The US petroleum supplier will continue to target areas such as decarbonisation, energy storage and carbon capture.

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