Allianz France and Edenred joined other LPs to back the investment firm’s Partech Venture fund, which is halfway through its target.

The CVC is now under the auspices of Solvay’s spin-off Syensqo, which focuses on areas including clean mobility, EV batteries and hydrogen.

The construction firm’s Daiwa House Ventures is reportedly part of a $202m startup support initiative that will start early next year.

The US publisher is also creating an angel network to help investors access deals.

BCR Seed Starter will invest about $545,000 per deal in startups working on banking processes, portfolio services and ESG initiatives.

Corporates Hearst, Microsoft, Walmart and Altria are LPs in the fund, which has already invested in nine diverse companies.

The CVC unit’s $266m fund will focus on insurtech and fintech startups, having backed three VC funds: Mundi Ventures, Speedinvest and Dawn.

Over a third of Mandiri Capital Indonesia’s Global Climate Tech Fund’s capital will go to local climatetech developers.

The 12-week programme will start with five startups focused on decentralised commerce, marketing, advertising, payment and the metaverse.

Shangqi Huirong Shangcheng Yihao Industry Fund’s second close counts SAIC Motor Financial Holding Management unit among its LPs.

The firm’s CVC unit, Visa Ventures, will lead the new fund, which will focus on B2B fintech and data technology companies.

The biopharmaceutical CVC unit’s new initiative will back 15 seed-stage startups a year, especially those developing AI, data and digital health technologies.

The one-year-old $250m fund recently launched an accelerator to focus on early-stage companies that increase the efficiency of water in construction.

The crypto trading firm’s new initiative will target companies that can help develop its offerings, and it follows the Web3 Fund in April.