Nine companies will participate in the internet company’s three-month accelerator programme, which is set to launch next month.

Lanxness contributed to the third fund to be closed by venture firm UVC Partners which will back business-to-business software, industrial and mobility technology startups.

TUM-affiliated UVC Partners has raised a third fund from limited partners including Lanxess to invest in industrial technologies, business-to-business software and mobility.

The federal development board for Southern Ontario has injected $5m to accelerate the growth potential of TIAP's early-stage health sciences portfolio.

Japan Asia Group, Kobashi Industries, NTT Docomo and SoftBank are among the LPs that have backed the drone-focused investment firm's third vehicle, which has a $95m target.

Sella Group’s debut fund of funds has secured Aviva, HDI Assicurazioni, Banca Sella, Banca Patrimoni Sella & C, Banco BPM and Fenera Holding for its $35.3m first close.

The multicorporate-backed corporate venturing vehicle for online food wholesaler Oisix Ra Daichi has secured chemicals producer Fuso as an LP.

The $10m investment fund formed by the electronic components manufacturer and its Taiyo America subsidiary will target developers of technologies and products related to its core business.

Claudia Pingue, former Politecnico di Milano tech transfer manager, has taken on a leadership role at CDP's $177m spinout investment fund.

University endowment-backed Will Ventures aims to unlock sports-related innovation across markets such as fitness, media and gaming.