The Consumer Technology Association's newly formed fund will target startups and funds focusing on underrepresented groups such as women and people of colour.

SleepScore Labs and parent company ResMed have formed SleepScore Ventures to fund and support startups developing technology and products aimed at improving sleep quality.

The private equity firm's debut growth fund has closed at its $76.6m hard cap following commitments from Henkel, Axa and Philips.

Appliance manufacturer Midea is targeting between $147m to $293m for the fund and has contributed $44m through its own investment arm.

The Motley Fool's corporate venturing vehicle has collected $145m for its oversubscribed debut fund, surpassing its initial $100m target.

The Providence St Joseph Health-managed corporate venturing unit has doubled its capital reserves to $300m by launching a second fund.

The healthcare provider's Arc Innovation Center will invest in care-focused technologies through the fund, which is managed by venture firm Triventures.

The funding for Shimane's Nanotechnology Project Center came from San-in Godo Bank through an industry-academia cooperation program.

Bristol-Myers Squibb is set to buy peer Celgene in a cash-and-stock deal that will bring together two healthcare corporate venturing portfolios.

Ben-Gurion University of the Negev has announced a university venture fund called Cactus Capital to run in conjunction with a VC investment course for its students.