Grupo Bimbo has established a Latin American accelerator to join existing initiative Eleva Food Technology which will now focus completely on Mexico.

Frog will take equity in future Tuesday Capital portfolio companies in return for providing design services, building on an existing partnership between the pair.

Carta Ventures will invest in startups developing technology of strategic interest to its parent, which is preparing for the launch of a trading platform later this year.

FEI, Transvalor, KPN, Vilmorin & Cie, Vyv Group, Mgen and Clarins subsidiary Famille C were all among the contributors to the fund's $82.3m close.

Sources have told the Wall Street Journal the fund is set to raise less than half the $108bn in MOUs SoftBank received, with the corporate supplying most of that capital itself.

The deep tech-focused commercialisation vehicle currently has 10 portfolio companies having smashed its original $54.8m fundraising target.

Vineeta Agarwala has been confirmed as one of the general partners running the firm's $750m Bio Fund III following nearly five years at corporate venturing unit GV.

Michael Ronen, a US-based managing partner at SoftBank Vision Fund, is set to leave according to a report stating it is yet to raise external money for Vision Fund II.

OnRamp Education & Workforce Innovation Accelerator has been launched by ECMC Group and Gener8tor and will provide each participant with $100,000 in funding.

The financial services provider aims to secure some 200 limited partners for a vehicle that will meld industry 4.0 technology with Japan's Society 5.0 initiative.