Sectors

CapitalG was among the investors in the digital asset transfer service’s latest round, which boosted its overall funding to $1bn and valued it at $8bn.

Baidu and Geely committed $400m to Jidu, their joint venture from the hot electric vehicle space. The proceeds from this latest transaction will go to R&D and mass production of cars.

Financial services group Credem is among the investors in the accelerator, which was launched by CDP Venture Capital.

A wave of corporate-backed launches are continuing to take place in the blockchain VC space despite concerns valuations in the sector have spiralled.

Cisco had agreed to back Jon Sakoda, founder of Decibel and a former GCV Rising Stars award winner.

Luca Maria Rossi set up the New Frontiers unit in late 2020.

The hire follows wave of senior moves in the healthcare corporate venturing ecosystem

He has been responsible for investor relations and fund administration of Swisscom’s two external funds.

She said: “After 14 incredible years at Sky I am excited to be taking on a new and exciting challenge."

JP Morgan Asset Management's (JPMAM) sustainability-focused growth private equity investment business adds co-head.

Walmart has been increasingly active at starting up and backing startups, including financial technology startup Hazel.