The fund is set to boost investments in early-stage companies, which have had so far had to rely primarily on public money.

Startup Health Academy and GE Ventures have selected the first three startups for the second cohort of their digital health incubator.

Twitter is investing 'at least $10m' in the latest fund to be raised by Betaworks, an early investor in two companies it has acquired in the past.

Founders Factory will build and develop more than 200 startups over five years, with Aviva supporting seven companies each year through 2021.

The Russia-based cybersecurity software producer, which launched an accelerator last year, will invest up to $1m in strategically relevant startups.

The insurance firm's Liberty Mutual Strategic Ventures unit will target technologies compatible to its industry, and its first portfolio company is smart lock developer August Home.

The corporate-backed venture firm plans to invest in up to 25 startups through Digital Consumer Innovators Program this year, providing up to $5m at a time.

The venture capital firm, in which Otto Group is a major investor, will operate the fund together with a $290m growth-stage fund.

Fosun-backed venture capital firm Kinzon Capital has lost three members of its upper management team as it prepares to launch a fund aimed at Southeast Asia.

Caterpillar's corporate venturing unit has committed capital to the latest fund to be raised by Emerald Technology Ventures, with due diligence being carried out on other potential investors.