Financial

After serving a year as head of European financial technology at RBC Capital Markets, Jallad will become the investment director at Neom Investment Fund.

Mital Patel, formerly vice president of strategic and fintech investments at Citi, has taken up a director of strategic investments role.

Equirus InnovateX Fund will invest in software, deeptech and fintech companies at seed stage, providing between $500,000 and $1m per deal.

Healthcare systems are failing BIPOC women, but entrepreneurs are trying to fill some of the gap — if they can get the funding.

• 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.

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.

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

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

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

Labour shortages and the ability to accelerate robot programming with genAI will breathe new life into the sector in 2024 say investors.

Maersk revamped its Maersk Growth innovation unit in June with a new team and a change in how it invests in tech and sustainability.