Panasonic, Hitachi, Shimizu, NEC, Canon and Kyocera are among 20 limited partners in the venture firm's $175 second fund, which has just closed.

A spokesperson told GCV investors in the corporate-partnered firm's Idinvest Growth Fund II, expected to close at up to $424m next year, include existing backers.

The China-based mobile technology provider plans to launch an incubator in India, following its establishment of a strategic venture fund there in late 2015.

The consulting firm has provided capital for two early-stage funds managed by France-based venture firm Partech Ventures.

Fintech-focused VC firm Information Venture Partners, which spun out of Royal Bank of Canada, surpassed its initial fundraising target to close its second fund at C$106m ($79m).

HTC, manufacturer of the Vive virtual reality headset, has partnered Shenzhen Municipal Government for the Shenzhen VR Investment Fund and is targeting a $1.45bn fundraise.

Foresight Williams Technology EIS Fund, formed by Formula One team Williams Grand Prix Engineering and Foresight Group, plans to invest up to $2.5m in at least 10 companies.

The catering and facilities management company has launched a corporate venturing unit, Sodexo Ventures, and invested in restaurant engagement platform Wynd.

The energy company has provided $7m for the university's IdeaHub engineering accelerator, which is also supported by Clearwater Seafoods and Micco Companies.