Wuxi PharmaTech is anchor investor in the fund, which will target early-stage life science and healthcare investments in China and the US.

The insurance group will allocate the funding to internet of things, data and analytics, sharing economy and customer experience startups over the next five years.

Express Scripts has inked a deal with Lewis & Clark Ventures to invest $25m in software developers, device makers and life sciences startups at series A and B stage.

Beenos-backed e-commerce service ShopClues is reportedly targeting up to $150m of series E funding and plans to invest $50m in startups.

Corporate venturing unit Google Ventures will operate as a single global fund from January, after cutting seed investments and rebranding as GV.

Mobile utility app developer Apus has set up a fund, backed by all of its shareholders, that will fund Indian mobile internet startups.

The fund, set up by Tencent and Naspers' joint instant messaging venture, WeChat South Africa, will invest in Africa-based mobile startups.

Digital development business Stradigi's incubator, Stradigi Ventures, is seeking out startups operating in the media and technology spaces.

The design software provider will invest in early-stage companies developing technology compatible with its Forge cloud design services platform.

Intesa Sanpaolo and Old Mutual were among the limited partners in a private equity fund that will invest in growth-stage financial services businesses in Africa and Asia.