Venture firm ATM Capital has notched up a first close anchored by 58.com and the Alibaba-headed Electronic World Trade Platform as it seeks $200m for its debut fund.

SoftBank Ventures Korea has relaunched as SoftBank Ventures Asia with an expanded remit that will take in the US and Europe as well as the whole of Asia.

Public-owned Saudi Aramco and Saudi Information Technology Company have started a vehicle to back growth-stage information and communication technology businesses.

Online and TV shopping outlet GS Shop will back a Vietnam-based accelerator run by 500 Startups providing participants with up to $200,000 in funding.

Banking firm CIB has launched a corporate venturing division targeting early-stage fintech businesses in Egypt, Africa and the Middle East.

Shanghai Electric will invest $9.9m in the fund, which is targeting AI and smart manufacturing industries, while a Golden Concord subsidiary is putting up $10.2m.

Ikove Venture Partners has launched a $10m venture capital vehicle to help spawn spinouts based on projects at Ohio universities.

Wipro, Schneider Electric and CA Technologies have all backed Work-Bench Fund II, which will target early-stage enterprise technology startups.

This is our data snapshot based on last month’s investment activity. 
The charts and tables have been generated by our data platform GCV Analytics.

Mitsubishi joins Anglo American Platinum in a second AP Ventures that will fund companies harnessing platinum group metals.