The VC firm's sixth fund has achieved a final close slightly above its $175m target, with limited partners including corporates such as JTB and Sumitomo Forestry.

Vinci Energies is one of several limited partners to contribute to a $28.5m first close for enterprise technology acceleration platform Axeleo's first fund.

The telecommunications firm is set to provide up to $200m for a strategic investment fund that will invest in connected services and platforms.

Ground transport-focused VC fund Autotech Ventures has added the car safety equipment maker to its corporate backers as it moves toward a $150m close.

The Federal Ministry of Education and Research has allocated capital to institutions such as University of Potsdam to bolster technology transfer activities.

The corporate venturing unit has launched an Israeli office that will be led by the former managing director of AOL investment unit Nautilus.

The fund, first announced in October 2016, has been launched with $10m in capital to invest in spinouts and startups that emerge from the university or surrounding region.

Legend Capital has raised $1.1bn for its seventh US dollar-dominated fund, a month after hitting a $448m close just a month ago.

WEH Ventures is helmed by Deepak Gupta, who was an investment director at Intel Capital between 2010 and 2014.

The internal incubator enables employees to pitch a business idea and, if successful, will have six months to work on the project full time and prove its viability.