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.

Shangqi Huirong Shangcheng Yihao Industry Fund’s second close counts SAIC Motor Financial Holding Management unit among its LPs.

ADP Ventures has been launched with a five-person team and will invest in technologies related to its HR software provider parent.

The firm’s CVC unit, Visa Ventures, will lead the new fund, which will focus on B2B fintech and data technology companies.

Mars' pet food and veterinary subsidiary has teamed up with Digitalis Partners to launch a second Companion Fund, following a $100m predecessor in 2018.