The Wells Fargo-backed venture firm has closed its largest ever fund, having secured $1.5bn to invest from seed to late stage.

GV partner Lo Toney is set to leave the unit once he has closed a separate fund, Plexo Capital, which will back female and minority-helmed VC funds.

The corporate is one of nine co-investment partners rounded up by Spring Seeds Capital for a scheme that will operate over the next eight years.

Ping An Ventures is raising a total of $1.3bn for two life sciences-focused fund: $500m for a dollar-denominated fund and $800m for a renminbi-denominated one.

The mobile advertising platform's Calldorado App Growth Fund will provide marketing funds for app developers using its software.

B Capital Group, which is sponsored by Boston Consulting Group, closed an oversubscribed fund that will invest in up to 25 companies.

Enterprise HR and finance software provider Workday has committed $250m to the corporate venturing fund it formed in 2015.

Ping An's corporate venturing unit is looking to raise up to $500m for a dollar fund and $800m for a renminbi fund, both of which will target healthcare investments.