Financial

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.

The CVC unit announced its launch with an investment in a last-mile-delivery startup.

Alan Du has worked in venture, operations and advisory in the tech ecosystem.

October’s corporate VC data shows a steady recovery from the venture downturn with a sharp rise in funding for robotics and autonomous vehicles.

Robert Li, former vice president of venture investing at Citi Ventures, will lead business operations and strategy at Parafin.

Even in a downcycle, investors at the 10th annual Corporate Venture in Brasil event are bullish on the strength of the market fundamentals – it’s mostly external factors standing in the way.