Argentina-based YPF has set up a corporate venture capital subsidiary, YPF Ventures, and will conduct international and local deals respectively through Argentina Energy Bridge Fund and YPF Early Stage Fund.
Newly retired Intel Capital managing director Keith Larson discussed how the unit helped to change the corporate venturing landscape and the benefits of syndicating with other investors.
Masatoshi Ueno, who was part of GCV's 2017 Powerlist, has departed from Asahi Glass where he had been a senior manager at its AGC Ventures unit for nearly eight years to join Komatsu.
Vision Fund has entered talks with banks including Goldman Sachs to borrow against its stakes in Uber, Slack and Guardant Health.
The insurance firm has followed its $50m first fund, launched two years ago, with the $150m Northwestern Mutual Future Ventures Fund II.
Philippines-based Union Bank has allocated more than $9m annually to its UBX subsidiary to pursue financial technology opportunities.