Naspers' corporate venturing unit has expanded from the US and Singapore to India, where its operations will be led by recent hire Ashutosh Sharma.

Telkom Indonesia's MDI Ventures unit, which was launched in January, expects to provide $25m of funding to startups per year for the next four years.

Each of the 10 oil and gas companies will invest $100m in the fund, which is expected to last for 10 years and complement other investments made in reducing emissions.

Microsoft, General Electric, Qualcomm, Tata & Sons and HNA Group have joined Tel Aviv University's Ramot and Pitango Venture Capital to form the internet-of-things fund.

Imax will use the Imax VR Content Fund to support content developers, and has secured funds from Acer, which supplied $10m, CAA, Enlight Media and WPP.

Tel Aviv University's TTO has joined forces with corporates such as Microsoft, GE and Qualcomm, and VC firm Pitango to launch a $20m investment consortium focused on the internet of things.

Wolverhampton University has joined forces with Caparo to create a fund aimed at facilitating research commercialisation.

Insurance firm Annexus will fund insurtech, fintech and software startups through a venture capital firm called Annexus Ventures.

Dutch corporates KPN and ING have contributed to the first fund to be raised by newly launched European venture firm Keen Venture Partners.