The ArFintech fund is backed by six Argentine banks and will invest in financial technology startups, five of which have received a total of $800,000.

The Mexico-based financial services firm has contributed capital to Jaguar Ventures, Variv Capital, 500 Startups and Endeavor Catalyst in a bid to access the fintech ecosystem.

ST Engineering Ventures will focus on startups developing technologies relevant to its parent company, such as robotics, data analytics and cybersecurity.

Enterprise-focused venture firm Work-Bench has secured an undisclosed amount of capital from Wipro's corporate venturing unit, representing its second fund investment.

National Australia Bank has followed fellow Australian financial services firms AMP and Westpac into corporate venturing by setting up a $36.5m unit called NAB Ventures.

Reliance Industries will hold a 20% share in the newly formed Jerusalem Innovation Incubator, as will fellow corporate backer Motorola Solutions.

Nippon Telegraph and Telephone Communications subsidiary Dimension Data has joined forced with Deakin University for an Australia-based cybersecurity accelerator.

Evolution Equity Partners has closed a $125m technology fund that has limited partners including Cisco Investments and the PZU Insurance-owned Witelo Fund.

Axiomatic, Brit + Co, Savioke and ReplyYes are among the 11 companies that make up the 2017 cohort of Disney Accelerator.