In addition to launching a corporate venture capital fund, Daikin has inked a deal with University of Tokyo to drive the formation of spinouts.

Daikin Industries has allocated $100m to a corporate venturing fund that will back startups internationally over a five-year period.

The Southeast Asian venture firm has reached the final close of a third fund, in which Cisco Investments is among the limited partners.

The entrepreneur community has secured $23m for its Chiba Dojo Fund from investors including DeNA, Mizuho Bank and Mixi, which has set a $46m target for its final close.

The Polish stock exchange operator is seeking a general manager for a corporate venturing vehicle it is in the process of forming.

MSW, which secured Microsoft, Qualcomm Ventures, Banco Votorantim, Bayer, BB Seguros, Grupo Algar and AgeRio for its first fund, is targeting $24m.