Tokyo Electron’s strategic investment unit has four new members based in Japan, South Korea, Israel and Ireland.

Corporate VC veteran Stephan Baral has left Porsche Ventures to join the electric takeoff and landing aircraft maker.

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

Hella Ventures has moved its team to Michigan to be closer to the centre of the US automotive sector.

The UK utility’s CVC unit will be led by Stephen Smith, who is joined by GCV Powerlist member Pradeep Tagare, among others.

Deutsche Bank Venture Capital’s former CVC head, Gil Perez, will join law firm Freshfields in April as its California-based chief innovation officer.

GCV Powerlist member Michael Martin will reprise his president and CEO roles at Plexium, after more than a decade at Takeda Pharmaceuticals.

John Walters has been hired to lead MSU’s Office of Technology Management, bringing him in from a Washington DC-based startup called Procurated.

BMW was among the investors that backed the UK venture firm, which will be divided into a $100m seed fund and a $150m growth fund.

The VC fund backed by E.ON has reached a $120m first close and promoted Patrick Elftmann to US managing partner.