Rob Woodman, formerly a senior partner at Takeda’s CVC unit and head of its Genesis Labs incubator, will lead venture firm Panakès Partners’ biotech investment activities.

Vijay Reddy, formerly an AI and deeptech-focused partner at Intel Capital, has departed from its parent company and joined venture firm Clear Ventures in a similar position.

Sanofi, Axa, Aviva, Pro BTP and CNP Assurances were among the backers of the vehicle, which will focus on biotech investments.

Fifth Wall hopes to close its climate technology-focused fund at $500m having secured capital from Invitation Homes and Ivanhoé Cambridge.

Former AbbVie Ventures director and life sciences specialist Jay Cui has taken up a principal position at Abingworth.

Fibonacci VC’s second fund is double the size of its debut vehicle, thanks to commitments from LPs including Xiamen C&D and China-Singapore Suzhou Industrial Park Development Group.

Q&A with Will Geiger & Brett Kadesh, principals, Touchdown Ventures

Bank BCA’s corporate venturing arm is reportedly set to partner venture firm Finch Capital to invest in financial technology developers.

Earthshot Ventures, a venture capital spinoff of Elemental Excelerator, counts the software provider among its limited partners.

Allianz has recommitted to the venture capital firm having funded its $170m debut vehicle two years ago.