Saudi Arabia’s Public Investment Fund plans to replicate its $45bn contribution to the first fund when SoftBank puts together its second $100bn Vision Fund.

Foxconn has joined forces with the Jinan's municipal government to establish a fund that will aim to boost the local semiconductor ecosystem.

Nazier Ariffin, formerly Angel-eQ’s head of investments and business development, will head investments for Telkomsel’s new strategic unit.

Dell Technologies Capital invested as part of a series D round that valued the software release platform at more than $1bn.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

SoftBank is reportedly close to providing half of a $1bn round the on-demand ride platform is lining up, though it is unclear whether its other corporate backers will reinvest.

Voyager Innovations, a digital technology spinoff from telecommunications firm PLDT, is set to raise $175m in a round co-led by Tencent and KKR.

CTera Networks has now raised almost $100m altogether, after securing capital in a Red Dot-led round that included Cisco and SingTel Innov8.

The Xiaomi-backed rice cooker maker has secured a nine-figure renmini sum in a round that included NGP Capital.

Travel booking platform Traveloka, which raised $350m from Expedia last year at a $2bn valuation, has reportedly entered talks with unnamed parties to raise a further $400m.