Consumer

• Corporates invested 43% less capital in startup funding rounds in 2023 compared with the previous year. • The number of active corporate investors fell by 17%, as many opted to wait out poor market conditions. • The number of corporates taking LP positions in VC funds fell to its lowest level in a decade.

YF Strategic Insights will be managed by the company’s parent firm, YF Networks Group, joining sister unit PcComponentes Startup Booster.

Backed by JPMorgan Chase, Honeywell, Amgen, Mitsui & Co, Quantinuum is working both on quantum hardware and software — and is now one of the biggest players in the field.

The Japanese department store chain owner has partnered with Ignition Point, which already manages the corporate’s JFR Mirai Creators Fund.

Corey Christian has joined Robert Bosch’s CVC unit as an investment director, where he will focus on US east coast deals.

GUV is launching a weekly spinout tracker to surface the most exciting new and emerging companies based on university research.

Ian Medford-Gonzalez will join Mexico-based startup Kuona as chief of staff and head of finance.

Six tips on how to create a high-performing platform team that can create strategic value from startup investments.

Henrique Maggi leaves Irani Ventures to join the beauty company’s venture unit.

GV backs another spinout by MIT’s serial entrepreneur Feng Zhang as epigenetics becomes an emerging area of healthcare.

Luba Safran, who spent seven years at AB InBev’s CVC arm, joined Mondelēz’s counterpart as a senior director to back emerging snack brands.