The Argentina-based insurance provider plans to back up to 32 startups through a newly formed fund which will form part of a $45.5m investment drive.

Hangar 51, the aviation technology accelerator formed by International Airlines Group in London last year, has been expanded to Spain.

Samsung's $150m 'frontier tech' fund has opened its first European office in Berlin, six months after initially launching.

The corporate venturing unit has rebranded following the departure a year ago of chairman Wang Jun in order to form a fund called Kinzon Capital.

Corporates including Denso, Mahle and Murata Manufacturing have joined existing backers like BorgWarner and Autoliv to take the ground transport-focused firm's first fund to $120m.

Newly formed corporate venturing unit Gradient Ventures plans to back up to 15 artificial intelligence startups this year, investing up to $8m a time.

Carmaker Toyota's research division has put $100m into a unit called Toyota AI Ventures and disclosed its first three portfolio companies.

The building materials retail group has launched an accelerator called Breakthru that will invest in and mentor health and safety, digitalisation and customer service startups.