It is the second fund launched by Origgen Capital to finance ventures based on research and intellectual property.

Funding numbers are down as Southeast Asia's startups have failed to keep track with the move to deep tech, but they can overcome that by adopting an international outlook.

The venture capital firm plans to write larger cheque sizes for startups in its sixth fund as its portfolio companies grow internationally.

Some 50 corporate-backed startups had an exit in June including six stock market listings and two company closures.

The corporate investment arm of Indian airline Indigo targets consumer startups in the sustainability, digital solutions and advanced air mobility space.

VC firm Crane Venture Partners will oversee the insurer's $450m Europe and APAC funds and manage existing and new investments.

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.