The drug development company backed by Ucyclyd, part of Medicis Pharmaceutical Corporation, is looking to raise the funds as it seeks Food and Drug Administration approval for its main product.

Sadara, a Palestine-focused investment firm, is reportedly nearing its first investment after raising a fund last year backed by Google, Cisco and others.

Intel Capital backs the social dating network's seed round along with CrunchFund and other investors.

InnoSpring, a US-China incubator backed by China-based property company Shui On Group, launches its seed fund with venture capital backing from firms including Kleiner Perkins Caufield & Byers and Northern Light Venture Capital.

SAP Ventures is running the $155m fund, which will reportedly also focus the traditionally late stage corporate venturing firm on early stage deals.

The partnership between Merck and the venture firm, follows the pharmaceutical company partnering with venture firm Lumira and fund of funds Teralys Capital last month.

Chip design systems company gets backed by sector giant Intel's corporate venturing unit for its latest round.

Deutsche Telekom's corporate venturing unit invested in the gaming company and its parent signed a marketing agreement, a month after the German business was backed in an Accel-led round.

RR Donnelley, a US-based print company, backs Real Value Corporation, the parent company of iPad shopping app CoffeeTable, which is led by venture firm Maveron's Ben Choi.