Fujitsu Ventures has raised a new $104m fund to invest in AI and quantum computing — as well as even more cutting-edge emerging technologies.

He will continue to serve as CFO and board director of Avant’s subsidiary Zeal Corporation.

Fukuoka Financial Group has launched its second corporate venturing fund, a joint venture between its CVC arm and fund manager SBI Investment.

The ¥5bn fund will be operated jointly with Simplex Capital Investment and invest in content and technology-focused startups.

Former Zeon Ventures president Yoshi Kagawa will run corporate VC operations for the mining and metals group, which launched its second fund in December.

Kaweewut Temphuwapat, newly installed CEO of Siam Commercial Bank's venture arm, is targeting US startups to build on partnerships with the likes of Ripple and Together AI.

The importance of corporate venturing is growing for governments and startup ecosystems. But the industry is still looking for the optimal model.

Kaushik will manage L&T Innovation Fund's existing startup portfolio and look for further collaboration and investment opportunities.

The CEO of the university spinout fund is leaving at the end of this year.

The newly formed unit will focus on investing in AI technologies in the US to accelerate Naver's development in this area.