Animo Ventures has rebranded from Magnetico Ventures and launched with a $60m debut fund that has secured Techint as an anchor investor.

Siam Commercial Bank’s $100m Digital Ventures fund may become a new standalone company, as it considers spinning off subsidiaries.

USF and Florida Funders have tapped angel investment for a seed fund set to nurture research from Florida's public universities and the wider state ecosystem.

Alphabet and its Sidewalk Labs unit have each committed $10m to a smart city-focused venture fund on the proviso that Sidewalk's development on Toronto's waterfront is approved.

The commercialisation partnership has launched a $2.2m seed fund for its spinouts ahead of a larger vehicle that will target $125m to bolster the regional ecosystem.

Fintech-focused venture firm MiddleGame Ventures has secured S&P Global as a limited partner for an early-stage fund expected to close at $165m next year.

Alibaba's financial services affiliate is looking to raise $1bn for a vehicle that will make strategic investments in emerging markets.

Kairos Ventures, a venture capital firm with ties to multiple academic institutions, hopes to raise $250m for its third main fund.

A second US-China Green Fund equipped with $350m to $400m is expected to launch later this year with the backing of Chinese Academy of Sciences.

UMI has become a LP in Yissum's $7m Racah Nano Venture Fund as part of an alliance aimed at bringing advanced materials and nanotechnology applications to the Japan.