Adelaide's ThincLab and University of New England's SRI AgTech incubators will receive $357,000 and $229,000 of government funding respectively.

The Stanford University-backed fund will halt new investments from July, seemingly as the accelerator reaches financial stability but in the midst of a legal battle.

Shell, BNP Paribas and PTT Group have all made commitments to the third fund to be raised by energy-focused VC firm Set Ventures, which is targeting an $85.5m close.

The accelerator is open to medical device and healthtech businesses that have already amassed $500,000 of capital or are generating revenues.

University of Waterloo hopes to raise $1.2m to $1.8m for an angel fund to make equity investments in the winners of its Velocity Fund Finals competition.

Evergy has rebranded corporate venturing affiliate from GXPI to Evergy Ventures following a 2018 between component utilities Great Plains and Westar Energy.

NM Future Ventures alumni Alexa von Tobel and Mark Batsiyan have launched Inspired Capital, a venture capital firm aiming to raise $200m for its debut fund.

Led by two former Caixa Capital team members, Indico Capital Partners has raised $47m for the first close of a fund that will target Portuguese and Spanish startups.

Magenta Venture Partners, a joint venture between Mitsui and two Israeli venture capitalists, is seeking a $100m close to invest in Israel-based startups.

Venture firm Genesia Ventures has secured Tokyu Fudosan, Marui Group, Mixi, JA Mitsui Leasing and Mizuho Financial Group for a fund with an $80m target.