STV will invest about $100m per year in areas like artificial intelligence, virtual reality, banking, logistics and digital health from the fourth quarter of this year.

IP Group is hoping to raise $260m as the firm reveals it has made a takeover bid for Touchstone Innovations and will establish a new subsidiary in Australia.

Investment banking firm RM Global has raised $30m for the first close for a fund that will back startups developed by Johnson & Johnson and Takeda-backed incubator FutuRx.

Gree's corporate venturing unit has closed its second fund at $67m and is expanding its focus from Japan and Southeast Asia to Japan.

Bupa's Blue Table accelerator is one of a range of corporate startup initiatives to be launched in the past month, including those by Rabobank, Bosch, HPE and Sunway.

Danone's corporate venturing arm, Danone Ventures, has contributed to the second fund for AccelFoods, which was expanded to $35m in March.

WuXi PharmaTech's corporate venturing arm will merge with VC firm Frontline BioVentures to create an investment firm with $800m of assets under management.

Softbank has committed $28bn to its Vision Fund, including $8.2bn through the transfer of a 24.99% stake in its chip design subsidiary Arm.

Sharp has agreed to invest up to $1bn in the fund, which has already secured fellow corporates Apple, Qualcomm and Foxconn as LPs on its way to a possible $100bn close.