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Sabic Ventures managing director Aruna Subramanian has moved to newly formed VC service provider Trivergent Partners.

The 166-year-old mining company sees its corporate VC arm as a structured way to access technologies, partnerships and operating models that internal R&D alone cannot deliver.

Sony Innovation Fund 4 will invest in startups closely aligned to the parent company's main businesses.

After leaving ServiceNow, Philip Kirk will oversee corporate development and ventures at fellow enterprise software company Databricks.

He has moved to M Ventures after leading R&D at the corporate’s electronics business

There is a broadening recognition that critical underwater infrastructure – energy cables, offshore wind connections, subsea communications networks – is both strategically vital and chronically under-protected.

Tomomi Natsume will oversee CVC operations for the Japanese conglomerate across its global teams in Asia, Europe, US and Israel.

Funding for corporate-backed rounds leapt 370% in the first quarter of 2026 as OpenAI headlined a range of multibillion-dollar deals.

Caterpillar's venture arm is targeting AI software, but full autonomy remains "a very, very long way away," says unit director Mike Mahan.

The fund will invest in digital workplace technologies, collaboration and creativity tools, digital inclusion and solutions linked to decarbonisation and the circular economy.

Sophia Nadur, the BP Ventures managing director that co-founded the energy company's electrification business, will now advise PE-backed companies.