Exponential Ventures, the corporate venturing vehicle for financial services firm MMI Holdings, has formed a financial wellness incubator with Anthemis.

Honda R&D Innovations will work with startups and other partner companies as it diversifies its focus beyond transport technology.

The advanced manufacturing fund follows on from Apple's $1bn commitment to the $100bn Softbank Vision fund.

The utility software provider has contributed to the $33m first close of venture firm Vendep's Vendep Capital Fund II, which has secured Tesi as a cornerstone investor.

The insurance firm, which has had a dedicated venture capital unit since 2012, will invest in healthcare and financial technology developers through the Ping An Global Voyager Fund.

Xiaomi will put up a third of the capital for Xiaomi Yangtze Industry Fund, which will target hardware investments, with Hubei's guidance fund and the province's largest city the other LPs.

The wind turbine manufacturer is keen on making minority investments in energy storage technology developers.

France-based venture firm Elaia Partners has reached the first close of its fourth fund, with EDF, Nexity, ADP and Mgen all contributing capital.

The social media management platform has created a $5m vehicle dubbed Hootsuite Integration Fund to support developers building apps on its platform.

Financial institution Krungsri has set up a corporate venturing subsidiary called Krungsri Finnovate to back fintech startups that can be integrated with its products.