Cathay Pacific has launched a fund that will invest in automotive and mobility technology, with Valeo supplying 25% of the capital.

JD.com has partnered Plug and Play to launch an accelerator for US startups developing technologies for the retail and logistics sectors.

The vehicle will support small-scale experiments and prototypes and give researchers linked with both institutions the opportunity to exchange ideas.

The firm, formed by the merger of WuXi Healthcare Ventures and Frontline Bioventures, is raising a $26m affiliates fund according to a securities filing.

University of Maryland's tech transfer office is set to form a fund that will invest in local university-linked startups.

VC fund manager AmorChem has launched AmorChem II, a $44.2m seed-stage life sciences fund backed by Merck & Co.

Digital+ Partners' Digital Growth Fund I vehicle will focus on fintech and industrial technology businesses in Germany, Austria and Switzerland.

Travelers Companies, Scotiabank and Bank Hapoalim are among the LPs for Viola FinTech, which has raised $100m of a $120m to $150m target.

The VC firm has raised $13.9m for a $20m venture fund that will target IT University of Pennsylvania-linked businesses.