The Soraya Salti Social Impact Scholarship Fund targets young female entrepreneurs in the Middle East, South Asia and Africa regions.

Cisco is injecting $55m in funds being raised by Partech Ventures and Idinvest Partners, alongside an undisclosed amount for big data company Intersec.

Groupe Rocher, Thuasne and Maif are among the supporters of a $38m seed fund formed by 360 Capital Partners to target European startups.

The messaging platform has provided more than half the funding, with the rest coming from its investors, and aims to build up an ecosystem around its app.

VC firm 500 Startups is currently in the process of raising $200m for its fourth global fund, and could secure IT services provider Infosys as a limited partner.

The conglomerate is funding the newly formed Walter Capital Partners with $100m of capital from another subsidiary, Walter Financial.

Two years after its launch, venture firm Seventure has closed its Health for Life Capital fund at $175m after Novartis joined a raft of existing corporate partners.