Santander has doubled the amount of capital allocated to the UK-based fintech corporate venturing unit it launched two years ago.

The electronics producer will seek startups developing technology that can be used for home appliances, work and more advanced equipment, for a Japan-based accelerator.

Baidu, Tencent, Naver, Gree, SoftBank and Qualcomm all contributed to the US venture firm's eighth flagship fund, the third fund it has raised in the past 18 months.

As the Indian Institute of Management Ahmedabad's Infuse Ventures fund nears full deployment, the institution prepares to launch the $150m Bharat Innovations Fund.

M25 Group, a partner of Purdue Foundry, announces its $10m second fund that will enable the firm to invest in 20 companies per year for the coming three years.

ANSR Consulting's Kyron accelerator plans to raise the cash by September in order to invest in startups between angel and series A stage.

Disney Accelerator has selected nine startups, including several Disney portfolio companies, and one internal project to participate in this year's program.

The China-based, corporate affiliated firm closed IDG Capital Fund III in partnership with US venture firm Breyer Capital and follows a $586m fund two years ago.

The Malaysian government-owned venture firm plans to raise $250m for three new technology funds and will look to collaborate with local and international corporates.

Korea-headquartered drug producer Hanmi Pharmaceutical will back biotech and pharmaceutical startups through its newly formed Hanmi Ventures subsidiary.