Auto parts supplier Wanxiang has invested $10m in incubator InnoSpring, which helps startups expand from the US into China and vice versa.

Hatteras Venture Partners could receive up to $20m from Malin for the $150m fund it is raising, having also secured GlaxoSmithKline and LabCorp as limited partners.

Editor-in-chief James Mawson speculates on University Ventures second fund, raised last week and securing $31m more than its first.

A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.

Stanford joins five other US universities to have invested in Hillhouse, which has more than $18bn under management.

The venture firm appears to have downsized its second fund, which has secured Bertelsmann as an anchor investor, to $136m.

The venture firm appears to have downsized its second fund, which has secured Bertelsmann as an anchor investor, to $136m.

The startup fund has already backed Cambridge spinout BMLL and hopes to fundraise more money and add other spinouts to its portfolio.

The HR Technology Fund will join the human resources company's existing unit, Recruit Strategic Partners.