Dalhousie is partnering academic institutions Acadia and NSCAD to launch IdeaHub incubator with the support of a $7m investment from energy provider Emera.

Red Cedar Ventures, launched by MSU Foundation, is set to provide both gap and growth capital to businesses affiliated with Michigan State University.

Intel Capital, which formed a $100m Connected Car Fund in 2012, plans to provide $250m for autonomous driving technology developers in the next two years.

The Russia-based bank invested in companies including Uber and eToro from the $100m first fund and is seeking between $200m and $250m for the second.

Naver is putting up 80% of the capital for SB Next Media Innovation Fund, which will invest in offerings compatible with its Snow and Webtoon subsdiaries.