The investment arm of Stanley Black & Decker has fallen victim to a CEO change and cutbacks following the company's poor financial performance.

Erie Strategic Ventures will look to make between three and five investments per year in Erie’s core areas and beyond.

Intel Capital co-led an extension that took Anyscale’s series C round to $199m while Saudi Aramco's Prosperity7 fund helped Zilliz lift its series B to $103m.

Anand Kamannavar joins GVR to speak about investing in public companies, looking ahead of the curve and having a great relationship with the corporate parent.

Robotic barista developer Botrista Technology seeks corporate investors that can share ingredients and equipment manufacturing expertise in the US foodservice sector.

Northern Illinois University’s vice-president of research and innovation partnerships Gerald Blazey has announced his retirement at the end of this academic year.

Toyota-backed Woven Capital has hired GCV Rising Star Will Fung, formerly investment principal at Samsung Catalyst Fund, for a similar role.

Helmerich & Payne and Liberty Energy backed a $138m round for Fervo Energy, and Shandong Weigao helped Jinjiang Electron raise $103m.

Hanwha Life took part in a $20m series B round for Airs Medical while Allianz-backed AV8 Ventures helped Think Bioscience close $17m in seed funding.

CIO David Adams has accepted a new role as commissioner of Indiana’s Department of Workforce Development and will be replaced by Ryan Hays at the university.