The property developer's corporate venturing unit will double the initial funding available for each participant in Property Innovation Labs' accelerator.

The $500m Innovation Fund formed by Infosys will make its second investment in a venture capital fund, providing up to $15m for India-based Stellaris Venture Partners.

Marcin Hejka, who oversees Intel Capital's activity in Greater Europe and India, has spoken to GCV about the unit's strategic focus.

Michael Treskow has left Accel Partners for a position at the London office of Eight Roads Ventures, the proprietary investment arm of Fidelity.

Financial services firm UniCredit is an anchor investor in the digital fintech venture capital and advisory firm's first dedicated fund, which has reached a $60m first close.

Harju Elekter, which previously led ultracapacitor producer Skeleton Technologies' series B round, returned to take part in a $14.6m round led by FirstFloor Capital.

Intel Capital-backed News Republic has been acquired by Cheetah Mobile for $57m, after raising about $9m from backers also including Xange Private Equity and Creathor Venture.

Daimler's Mobility Services division led the round for lift service Blacklane, the backers of which also include Recruit and Car4you.

ProSiebenSat.1 and Axel Springer both took stakes in the insurance management platform, making media-for-equity investments as part of a $14.8m round.