Financial

Crypto-native investors such as Coinbase Ventures and Animoca Brands wrote a large number of smaller cheques while AI chipmaker Nvidia emerged as a dominant venture force, especially for large funding rounds.

Many of the new CVC units were launched by Asian corporates in Japan, China and Korea.

Joshua Lloyd-Lyons, former VP at Fidelity International Strategic Ventures, will head corporate development and M&A at portfolio company 73 Strings.

The first half of 2025 saw a 44% jump in the number of corporate-backed startup funding rounds in Africa.

Reed originally co-founded the unit as the investment arm of American Family Insurance in 2013.

Mpako set up the unit in 2021 and has seen the team build more than 12 companies, many of which have partnerships with Old Mutual.

The Brazilian bank is expanding both its VC capital and its investment scope.

Josh Aycock has worked as a VC investor and startup founder.

Cedric Van Duffel has joined Santander-funded fintech investor Mouro Capital as a senior associate after two years at venture firm SVV.

After three years as a venture investor at financial services firm HSBC's investment arm, Alex Saunders is launching a content marketing startup.

David Rowe left 1835i, the investment arm of ANZ Banking Group, after it was shuttered in October.