Corporate venturing fund Nio Capital has received a $10m commitment from BP following a partnership agreement in May.

Amazon's corporate venturing unit has announced the nine artificial intelligence developers that will make up its second cohort.

The bank's strategic investment arm has reached the final close of its Next Investors II fund having received capital from several external limited partners.

The e-commerce holding company has set its sights on the US and expects to close its next fund at between $1bn and $2bn this year.

Bharat Innovation Fund has raised $50m from LPs including Philips, ICICI Lombard and Bajaj Electricals on its way to a $100m close.

Innogy and Duke Energy are the anchor investors for a fund where CLP Group, American Electric, Chubu Electric and Bridgestone are LPs.

The fund, affiliated with IIM Ahmedabad, has raised approximately $50m for its first close two years after first being announced.

University of Chicago and Northwestern University have drawn more funds from a JP Morgan Chase initiative designed to support inner-city entrepreneurship and underrepresented groups.

Insuers Macif and Securex and several banks joined an LP list that helped BlackFin's first venture fund to a $117m first close a year ago.

The Politecnico di Torino cybersecurity spinout has become the first investment for the Italian-government backed tech transfer fund VV3TT.