Aave’s newly formed corporate venturing unit will fund digital asset technologies and other blockchain-related ideas ranging from payment services to games.

Tencent's corporate venturing department is reportedly in talks with prospective limited partners for a $650m fund that would focus on follow-on investments.

HUJ’s tech transfer arm still hopes to raise a further $3m for the fund to close it at $9m and has already invested in three technologies.

Chrysalix Venture Capital's RoboValley fund has secured Mitsubishi Corporation, Severstal, Teck Resources and Petronas as LPs as it aims for a $120m final close.

The Delft-affiliated fund has reached its first close on its way to a $120m target, having secured capital from a range of limited partners.

Evolv Ventures will be headed by ex-Lightbank partner Bill Pescatello and will fund startups developing technology for the food industry.

Université libre de Bruxelles has added a fourth Theodorus fund to its arsenal with an initial close of $23m and a target of up to $33.5m.

Internet and e-commerce company DMM.com views its new venture capital fund as complementary to its M&A investments.

Venturra Discovery will invest in seed and pre-series A startups on behalf of its Lippo-backed parent firm.

Saudi Arabia’s Public Investment Fund plans to replicate its $45bn contribution to the first fund when SoftBank puts together its second $100bn Vision Fund.