Aflac Corporate Ventures will invest in early-stage companies developing software and digital products that can complement its insurance provider parent's core business.

The construction materials producer has formed an open innovation and venture investment unit and will launch a startup competition later this month.

The property developer has backed the $300m first fund for Pivotal BioVenture Partners, a biotech venture firm formed by an ex-Roche Venture Fund investment director.

The healthcare provider has formed a corporate venturing subsidiary called Spectrum Health Ventures and will invest up to $100m in the next 10 years.

The ex-GV chief executive is reportedly set to close his $100m Section 32 fund in the next few weeks and will be the entity's sole investing partner.

The Verizon Media Tech Venture Studio will work with 10 startups developing disruptive digital entertainment and media technology.

Royal Philips and the Singaporean state-owned EDBI will accelerate a digital health investment partnership that has just made its first deal.

The entertainment agency has formed a startup services and investment unit called Arrive and has plans to establish a formal venture capital arm in future.

The mass media company has announced a startup assistance plan called LIFT (ie. Leveraging Innovation For Tomorrow) Labs for Entrepreneurs.

The hedge fund has raised $20m for the first close of its fintech fund from limited partners including Siam Commercial Bank's strategic investment subsidiary.