The Standard Chartered-backed owner of digital wallet Momo will use the funding to launch its own strategic investment subsidiary.

Echo Health Ventures has joined Arkansas Blue Cross Blue Shield's investment arm in a strategic initiative aimed at scaling up healthcare businesses.

The newly formed DX Ventures starts with more than $60m and nine portfolio companies under managing director Duncan McIntyre.

Orange Ventures has been spun off into an independent venture firm with an extra $426m from its former parent company, and added Mathieu de La Rochefoucauld as managing partner.

IP Group subsidiary Parkwalk Advisors is to pour even more funding into the UK's academic deep tech research under a new government tax scheme.

Bristol Myers Squibb, Eli Lilly and Novo are among the limited partners in the pharmaceutical-focused venture firm's BGV IV fund, which has reached its final close.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

MUI formed Pan Malaysia Ventures (PMV) last year and has invested up to $200,000 each in six startups.

Andre Maciel set up Volpe Capital in 2019 with SoftBank’s backing and it plans to invest in up to 20 early stage companies.

The Green Bay Packers, Milwaukee Bucks and Milwaukee Brewers joined Microsoft in backing an impact investment arm of venture capital fund TitletownTech.