Sectors

The Saudi Aramco unit has hired Sean Lee after adding fellow corporate venturers Daisy Garcia and Abhishek Shukla to the team in recent weeks.

Tai Panich will now hold the CEO position at SCB 10X while maintaining her current post of chief venture and investment officer.

Greer Carper joined Fortem Technologies as CFO and VP of corporate development, having led Boeing’s corporate venturing activities from 2017.

The application security software provider has emerged from stealth having secured funding from MRV, 468 Capital and DNX Ventures.

Lockheed Martin doubled the size of its venture arm to $400m while Ingevity, Geely, SKC and Daishin participated in Nexeon’s $170m series A round.

The unnamed vehicle was revealed at the inauguration of Panela House, the corporate’s Brazil-based open innovation space.

Binance has appointed chief marketing officer and co-founder Yi He as the new head of its incubator and venture unit as it looks to overcome turbulence in the Web3 market.

Xiamen C&D took part in OriCell Therapeutics’ $120m series B round while Shopify provided $100m in funding for Klaviyo.

Eniverse Ventures will complement the oil and gas supplier's Eni Next vehicle as it looks to achieve carbon neutrality by 2050 in the wake of massive profits for the industry.

The corporate is targeting companies it hopes will advance beauty retail and transform the shopping experience with digital technology.

These are the spinouts that caught our eye over the past month. Here's why they should be on your radar, too.