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The recommendations by UK research organisation Onward are aimed at increasing venture capital investment for underfunded technology transfer offices outside the Golden Triangle.

Finno Efra will invest in Thai and Southeast Asian seed to pre-series A tech startups, supplying up to $1.2m per deal.

A growing wave: corporate-affiliated capital for startup investments has gone from $140m in 2013 to $3.4bn, according to a recent survey.

Seven years ago the market was nascent, now even smaller corporates want to tap startup style innovation. Innova360 and Bluebox merged in part to make the most of that wave.

Ciro Gonzalez, formerly an investment associate at CVC unit Munich Re Ventures, has been appointed as head of Sigma Ventures.

Josiane Ishimwe, who spent three years at Intel's CVC unit, will help the US Department of Commerce's Chips Investment Office make semiconductor investments.

Indian state-backed petroleum company Bharat Petroleum (BPCL) has announced a five-year growth plan which will establish a corporate venture capital arm.

Andrew Smyth joined M12 to focus on cloud and cybersecurity deals, disclosing his first investment in database platform Neon in recent weeks.

The number of funds is the same but European ones cover multiple universities — and the US still creates more university spinouts.

CDIB Capital Group, a subsidiary of Taiwan's KGI Financial Holdings, has launched a $62m joint fund with a Japanese state-backed investment company.

After a five-month spell at a financial advisory group, Claudio Lambert returned to Grupo Rendimiento’s corporate venturing subsidiary as head.