The Bakery will help clients build CVC strategies while Staged Ventures will manage the funds and Pipe Ventures will provide deal flow.

Alphabet alumnus Gideon Yu is reportedly raising $500m to back companies spun out of incubator X Development like 280 Earth, Waymo and Google Glass.

The CICC Porsche (Shanghai) Venture Capital fund, whose size is reportedly $118m, will target energy and connected vehicles in China.

The mass media firms committed to Mercurius Media Capital’s new media-for-equity initiative, which is aiming to double its size by next year.

Kevin Rodrigues will take over the Europe-related duties from fellow managing director Sophia Nadur, who will focus on the global south.

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

Regeneron Ventures will invest in biopharmaceutical and healthcare technology startups.

Clean energy in general and carbon capture projects in particular were the key focus for energy sector investors in the first quarter of this year.

The joint programme with Founders Factory will target technologies strategic to the mining industry such as decarbonisation and automation.

The joint fund will invest in strategic areas like supply chain and sustainability for Tesco, Ahold Delhaize, Woolworths, Empire and Shoprite.