DeNA plans to raise approximately $91m for an investment fund in which it will be the general partner, kickstarting its CVC activities after an 18-month gap.

Suning has joined forces with Yunfeng Capital, the private equity firm co-founded by Alibaba founder Jack Ma, committing up to $210m to a fund that is targeting a $2.5bn close.

MIT-run social enterprise incubator MIT Solve is to gain an impact investment fund with a $30m target size to back participants in its annual Global Challenges innovation contest.

FIS Fintech Accelerator has chosen 10 fintech startups to join its fourth annual 12-week program, where they will receive advice from industry experts as well as seed funding.

Bloomberg has backed Unshackled Ventures, which facilitates the launch of companies by migrants and immigrants in the US, helping it reach a $20m close for its second fund.

Nine startups will each receive $120,000 from Target and Metro through their accelerator, while eight more will get $10,000 through the Target Incubator.

Drone Fund, which invests in unmanned aerial vehicle technology, has increased its Fund II to $47m with commitments from a range of corporates.

The comestics supplier plans to invest the capital in Europe and North America through a series of funds, starting with Dynamo Beauty Ventures.

The university faces accusations it used Stanford-StartX Fund to illegally pursue a profit-led investment strategy while using its own funds and personnel to protect the applicability of its tax exemptions as a nonprofit institution.

The Indonesian state-owned bank has set up a corporate venturing team and will reportedly provide $70m to $100m for investments.