University of California, Berkeley's accelerator has closed an oversubscribed fund that numbers Alibaba among its limited partners.

The UC Berkeley-affiliated House Fund is seeking up to $50m for its second vehicle, after closing a $6m fund in 2016.

Vision Venture Partners' eSports-focused fund has raised $38m from LPs including Evolution Media, the New York Yankees and St Louis Cardinals.

Hamburg Innovation and the municipal government have launched a range of initiatives to bolster the local ecosystem, with a total of $3.7m being made available.

Bahrain's sovereign wealth fund is in talks to contribute to the $97.7bn SoftBank-managed fund, according to its chief executive.

Fabrica Fund, a subsidiary of Nan Fung Group, will target the intersection of style and technology with investments ranging from $100,000 to $2m.

Lonza Group has appointed venture firm Prolog Ventures to manage a fund that will invest in consumer health technology developers.

The meat supplier will partner Plug and Play in Silicon Valley and 1871 in Chicago to secure access to local startups.