From joint startup prize competitions to joint investment funds, corporates are increasingly joining forces to source innovation.

Go-Ventures has been renamed Argor Capital, and its latest fund counts GoTo as well as other investors across the globe among its LPs.

Amy Wu, formerly managing partner of FTX Ventures, has joined Menlo Ventures to seek out early-stage web3 consumer and gaming opportunities.

Mateusz Lukasik, previously director at Prosus Group, joined Dutch financial venture capital fund OTB Ventures.

Equipped with $100m, Energy Ignition Ventures will make decarbonisation investments in sectors including agriculture, mobility and energy.

Volvo Cars, Stena Fastigheter and Framtiden Group-backed Destination Invest will support startups in unfavourable areas of the Swedish city.

The third fund – backed by Sabic, BAT, Heraeus and Petronas – is targeting $100m and the latest close included Tong An and Anqing High-Tech Zone.

A small but growing number of CVCs are quietly reaching fund sizes of more than $1bn. When they get there, life changes in some ways.

Rising interest rates are knocking down traditional banks — witness Silicon Valley Bank and Credit Suisse — but does this create space for new, alternative lenders or put them also at risk? We asked one of the most active investors in alternative lenders for his view.