Credit Engine won the top award while five other participants in MUFG Digital Accelerator were also showcased.

SBI AI and Blockchain Fund has secured corporate venturing unit Krungsri Finnovate as a limited partner as it seeks a $453m close.

The corporates will invest up to $500,000 in developers of game-related apps that can be distributed on Overwolf's app store.

Bumble Fund has secured $1m in capital commitments from its parent company and will invest up to $250,000 in female-founded startups.

Allianz-backed venture capital firm AV8 launches in the UK and the US.

The messaging platform developer, which has become increasingly involved in cryptocurrency activities, will invest in token offerings through Unblock Ventures.

The motion control technology producer has set up an $85m corporate venturing unit, Nabtesco Technology Ventures, with Emerald Technology Ventures.

The e-commerce firm has joined Sequoia Capital China and the state-owned China Reform Holdings for a late-stage fund with a $5.8bn target.

New Oriental Education and Technology will invest in education-focused startups through a fund backed by fellow corporates 51Job and Sunlands Education.

Washington University in St Louis is to launch grant scheme called Holekamp Seed Fund to back student entrepreneurs with a $500,000 donation from the Holekamp family.