The fund, co-managed with a seed-stage VC firm, will target AI, robotics and internet-of-things across multiple industries.

Co-founder Marcelo Claure is returning to lead the newly independent Open Opportunity Fund with Paul Judge, while SoftBank invests in its $200m second fund.

The construction firm’s Daiwa House Ventures is reportedly part of a $202m startup support initiative that will start early next year.

Oz Khan heads up venture capital for ADP, which has over a million clients that portfolio companies can partner with, and he tells us why now is the right time to launch ADP Ventures.

BCR Seed Starter will invest about $545,000 per deal in startups working on banking processes, portfolio services and ESG initiatives.

Corporates Hearst, Microsoft, Walmart and Altria are LPs in the fund, which has already invested in nine diverse companies.

IBM Enterprise AI Venture Fund will support the corporate's Watsonx platform as it looks to target the 'enormous potential of the AI revolution'.

The CVC unit’s $266m fund will focus on insurtech and fintech startups, having backed three VC funds: Mundi Ventures, Speedinvest and Dawn.

WeBuy Global and J&T Global Express announce IPOs, Payzer is acquired and news funds launched.

The Spanish telecoms firm is leading a list of corporate backers for the fund, which is looking to fill the gap for technology scale-ups in Southern Europe and Latin America.