Transport-focused venture firm Autotech, which closed a $120m corporate-backed first fund last year, has added $10m from car parts supplier Stoneridge.

The Thailand-based energy company plans to allocate the capital to international biotechnology and cleantech developers over a five-year period.

The technology hardware community's inaugural fund, which reached its first close in June, is backed by Foxconn, BPIfrance and Crédit Mutuel Arkéa.

Two former managing directors of Shea Ventures have raised $80m from limited partners including JF Shea for Calibrate Ventures' inaugural fund.

Enterprise software producer HubSpot has unveiled a corporate venturing fund that will make strategic investments in software-as-a-service developers.

University College London hopes to generate as much as $126m for its second Technology Fund, with British Business Bank thought to be among potential limited partners.

Social security insurer Apicil and real estate holding company Reech Corporations Group have put up $11.3m for an insurance technology fund.

Cosmetic brand L'Oréal's Bold Business Opportunities for L’Oréal Development has already made its first investment, in online fragrance creator Sillages Paris.

Alcoholic beverage producer Constellation Brands plans to provide $100m for female-led companies through its newly formed Focus on Female Founders initiative.

The digital media company is putting together a $1.44bn fund in which it will provide 20% of the capital, targeting state-owned vehicles for the rest.