The Alphabet subsidiary has reportedly laid off 8% of its overall team, all of which worked in its investor operations area.

The consumer electronics producer will provide 40% of the capital for a fund partnership with the city of Yancheng sized at up to $1.45bn.

The real estate group terminated the activities of its corporate venture capital fund last year having backed six portfolio companies.

Telkom Indonesia's latest fund will invest up to $30m in domestic digital technology developers that will be able to connect to other state-owned corporations.

Sistema Asia Capital is seeking capital from external backers for a second $120m vehicle that will concentrate on Southeast Asian investments.

Mitsubishi UFJ Lease & Finance and Fuyo General Lease are among the limited partners for the unit's third fund, following its opening of an office in Japan.

Wouter Meuleman, part of the founding team at Illumina's corporate venture capital unit, has moved up a notch from principal.

The e-commerce platform has teamed up with consultancy Zinnov for an India-based accelerator that will be conducted virtually.

Conglomerate UMG's accelerator and incubator aims to close a $100m fund by 2022 with help from external backers to support its portfolio through growth rounds.

The bespoke suit maker’s three-month initiative will admit up to 15 D2C-minded startups and projects for its first batch.