Jaguar Land Rover's corporate VC unit has diversified from its external investments to launch a car rental service in London called The Out.

RMGP Biopharma Investment Fund has added $34m to reach a final close for a vehicle that will back startups developed by the Johnson & Johnson and Takeda-backed FutuRx incubator.

Mitsubishi UFJ Financial Group's MUFG Innovation Partners unit will target Japanese and Southeast Asian fintech startups, and its first portfolio company is Moneytree.

Fatima Ventures, Fatima Group's corporate venturing unit, has joined VC firm Gobi Partners for a $20m fund intended to boost Pakistan's startup scene.

South Africa's government has launched a corporate-backed vehicle focused on small and medium-sized businesses in a bid to tackle unemployment and fuel the economy.

The fast food chain has completed a five-day bootcamp which forms part of Chipotle Aluminaries Project, its food and agriculture-focused accelerator.

The content publisher and events planner has launched Informa Ventures to invest in startups focused on information services.

The venture firm has collected $112m for its Nordic and Baltic-focused fund, which counts Digital Garage and Danske Bank among its limited partners.

The identity verification software provider will invest up to $2m in each deal through its newly formed Okta Ventures fund, with Trusted Key its first portfolio company.

Hyundai Cradle has inaugurated its European base in Berlin, Germany and appointed Edvin Eriksen as its head.