Infocomm Investments and logistics service provider YCH have agreed to collaborate with KPMG's Singapore incubator, Digital Village.

More than 50 firms, including Naspers, MTN, Sasol and Nandos, have contributed to the newly formed SME Fund.

The financial services firm is planning to set up a corporate venturing fund to back fintech products and services later this year.

The internet company is said to be planning an investment unit that will back content producers, though it is not clear whether it will be separate from a reported $200m fund.

Entertainment company Huayi Brothers will begin investing in content-focused startups through a new investment arm from the end of this month.

Energy Impact Partners has secured energy utility Fortis as a strategic investor and partner in its Nexus network.

Andela, which hires out software developers to other businesses, is hoping to invest in startups launched by those developers following their four-year fellowship.

The manufacturing equipment maker intends to build a $45m corporate venture capital portfolio by 2021, and plans to invest in around five startups a year.

Eneco hired Yme Bosma as its head of corporate venturing and Joeri Kamp as managing director of ventures and innovation in June.

The ex-managing partner of GV is in talks with investors over a new venture capital fund and has a preliminary target of $350m to $500m in place.