Amy Banse, president of Comcast Interactive Media, will head the combined entity, Comcast Ventures, which will focus on digital media, e-commerce and entertainment after its integration of Peacock Fund from NBCUniversal.

Cable company Comcast’s corporate venturing unit has completed its merger with its peer at NBCUniversal to form a $750m fund under a new name and partnered with DreamIt Ventures to incubate start-ups from people with minority backgrounds.

Amy Banse, president of Comcast Interactive Media, will head the combined entity, Comcast Ventures, which will focus on digital media, e-commerce and entertainment after its integration of Peacock Fund from NBCUniversal. Comcast Ventures will invest about $75m per year.

Comcast acquired control of…

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