Sectors

ITT Motion Technologies has promoted Corrado Mida to executive director of corporate development, M&A and corporate venture.

Terna Forward has been allocated over $50m and will look to invest in external companies as well as spinning off innovative technology through an incubator model.

The new fund will invest in software, mobility services and sustainability.

Oil and gas companies' profits have risen more than five-fold in the last two years. But investment activities are increasing more slowly.

The media and e-commerce group has chosen Jussi Lystimäki to replace Dan Ouchterlony as head of its venture arm, which is set to move closer to its core business.

Gareth Burns is departing from energy company Equinor's corporate venture subsididary, which he heads as vice-president.

The hiring comes after InMotion’s recent hiring of Mike Smeed, as managing director to further innovative the autonomous car and shared mobility sector

SoftBank helped the on-demand laundry service push its valuation past $250m, a rare occurrence in a sector that's so far failed to catch fire.

After two years heading up HSBC's early-stage investments, Catherine Zhou is moving to a CIO position focusing on wealth and private banking.

Shiseido China launched a new fund in August that will help it expand into areas like men's skincare and medical cosmetology.

Corporate investors must not lose sight of who they are serving, ie the startup, Jim Adler, head of Toyota Ventures told the GCV audience in Tokyo.