The $28.5m vehicle will mainly invest in Japan and US-based middle to later-stage developers of technologies pertinent to the construction firm’s focus areas.

The $47.3m SuMi Trust Innovation Fund is expected to invest its capital over a decade and will target companies developing digitisation products.

The $2.5m Kyoto Shinkin Bank and Kyoto Chuo Shinkin Bank-backed vehicle is run by Future Venture Capital and will back local entrepreneurs working on social and economic challenges.

Marui Group and Value Create are among the LPs for the venture firm’s Food Future Fund, which is sponsored by restaurant operator En-Rest and is targeting $28.4m.

The investment and collaboration unit combines portfolio companies and corporate venturing staff from Eon and peer Innogy, which it acquired earlier this year.

One97's gaming app, PFG, launched the $1.4m fund alongside more than $40m in support for the domestic gaming and fantasy sports space.

The financial services firms are establishing an early-stage fund that will make digital asset investments across Southeast Asia and Europe.

The unit's second Impact Fund is double the size of the first vehicle, which it launched three years ago to tackle social, environmental and inclusion issues.

University endowments have backed a dollar-denominated venture capital fund from M31 Capital, whose earlier investments include Grail.

The Sistema-sponsored venture firm is considering expanding from a $120m first fund to raising between $150m and $175m for its second vehicle.