Philippines-based Union Bank has allocated more than $9m annually to its UBX subsidiary to pursue financial technology opportunities.

The founders of backpack brand Fond Of have joined 32 corporate investors in High-Tech Gründerfonds' third fund, which has now officially closed.

SoftBank has thrown its weight behind Yahoo Japan and Sinar Mas-backed EV Growth’s inaugural fund, helping it achieve an oversubscribed close of $200m.

Fond Of’s co-founders have put $3.5m into High-Tech Gründerfonds’ third fund, bringing its total to $375m and adding to commitments from limited partners including Fraunhofer Society.

BASF Venture Capital and Xiamen C&D are among the limited partners in Longwater Investment’s advanced materials-focused fund, which was already backed by Solvay.

Fund manager Neil Woodford has sold his entire stake in Oxford Sciences Innovation, worth close to $70m, as his funds have come under increasing pressure.

Tnuva Food Industries and Tempo Beverages are among the partners that will invest up to $100m in foodtech and agtech developers in Israel.

Deepcore, SoftBank's AI investment subsidiary, is planning to raise a second fund that will be larger in size than the $55m vehicle it launched a year ago.

Asahi Media Lab Ventures, So-net Media Ventures, Eltes and Marui were among the LPs that helped venture capital vehicle Reality Accelerator raise almost $7m for its first fund.

Redbud Capital is among the limited partners in Longwater Investment’s advanced materials-focused fund, which also features several corporates.