The insurance provider has partnered venture firm Rev1 Ventures to form a fund that will target innovative insurance and fintech startups.

The government will invest approximately a third of the overall commitment in startups, with VC firms providing the remaining two-thirds. Applications to become a co-investor are open until 15 January.

Naver has committed $118m to Korelya Capital's K-Fund I, which previously attracted $112m from the corporate and its spinout Line a year ago.

Location ranking platform Avux secured an undisclosed amount from Amadeus Ventures, which is putting together a development intiative.

The farming-focused venture fund has attracted Groupama, Agromousquetai, Isagri, InVivo and LSDH for the second close of its fund.

SoftBank and Abu Dhabi's Mubadala Investment have formed a $400m venture fund, as the former lays out plans for more massive vehicles.

Ahead of our Synergize event in New York City on October 26th, we provide graphical summary of corporate-backed funding initiatives we have been tracking for years

The financial services company has formed a partnership with accelerator NXTP Labs as it looks to gain access to fintech startups in Latin America.

The media company has announced a $55m fund called GMG Ventures that will invest in startups developing media technologies.