However, ahead of a keynote at the Global Corporate Venturing/DLA Piper Corporate Venture Capital Strategy Seminar in Tokyo, Japan, Sodhani said Silver Trail would invest globally, particularly in the US, Israel and Asia, and across sectors and had lined up some former colleagues to join him.

Arvind Sodhani (pictured with DLA Piper’s Terence O’Malley, chairman emeritus, and Mark Radcliffe, senior partner), the former president of Intel Capital, has set up a venture capital firm, Silver Trail Ventures, and warned corporate venturers to stick to venture investing rather than be functionaries for business development units.

His new firm is understood to be raising $500m for its first fund, although Sodhani declined to comment on fundraising due to regulatory issues.

However, ahead of a keynote at the Global…