Bennett Cohen has left Shell Ventures to join Petronas' corporate VC vehicle, which was set up by former GE Ventures managing director Ricardo Angel earlier this year.

Telecommunications firm US Cellular has disbanded its strategic investments and partnerships group having made some executive changes in May.

Prosegur has backed the $73m first close of Adara Ventures III, which will focus on deep technology developers in the business-to-business space.

Martin Scherrer, who started his investing career at Swiss Re’s investment arms, has joined Redstone as a Switzerland-based director.

Kévin Monserrat spoke to Global Corporate Venturing about how his experience as venture capital relations and dealflow manager at Microsoft for Startups helped him with his new enterprise, Consilience Ventures.

The US-based venture capital firm has hired GV’s former partner and entrepreneur-in-residence, Anish Acharya, to oversee fintech investments.

Bitburger, Kärcher and Deichmann joined existing backers Otto Group, Lidl, Dr Oetker and Porsche as the venture firm closed a $225m US vehicle and a $175m European fund.

Corporate backers Unilever, Aviva and Sky are among the limited partners that helped the investment firm reach a final close of $253m.

The South Africa-based healthcare provider has teamed up with Founders Factory Africa to back healthtech startups based on the African continent.

Nuno Carvalho, formerly director of innovation and corporate venturing at Bekaert, has spoken to GCV about his new remit as an investment director for KBC's VC investment vehicle, KBC Focus Fund.