Incubator leader Jeff Stinson named director of recently launched Innovation Fund which plans to invest in Arkansas spinouts.

Shiv Nadar & Sanjay Kalra Associates will seek to buy out products and platforms.

Kingdee has joined forces with Guosen Securities to launch a mobile internet fund.

The venture capital firm has launched a fund aimed at early-stage startups in China, and has attracted home textile producer Luolai as a limited partner.

Cisco's involvement in the $80m fund, which is also backed by Yahoo Japan, was originally reported in July.

Janssen has teamed up with Johnson & Johnson, University of Toronto, Government of Ontario and MaRS Discovery District to bring the JLabs incubator to Canada.

E-commerce company Aliababa will work with the media company and private equity firm Yunfeng on the joint venture, which will focus on sports technologies.

E-commerce company Beenos has contributed $5m to a new $60m fund, dubbed Beenext, that will invest in startups across Japan, India, Southeast Asia and the US.

James Riney, formerly principal at mobile internet company DeNA's corporate venturing unit, will head up a $30m Japanese fund for 500 Startups.