Omers Ventures, the venture capital division of the Omers pension fund, has closed its second fund at $260m after securing Cisco Investments and BMO as LPs.

F50 Garage Venture Fund II plans to make up to 100 early-stage investments in the next three years, and its backers are seeking $100m from limited partners.

GE Ventures has become the founding sponsor of a $20m Pittsburgh-based accelerator aimed at startups developing robotics technologies.

The marketing software company has launched a $500,000 incubator in India that will invest $20,000 in each startup taking part in the programme.

The fund would enable the Germany-based e-commerce group, which went public in October 2014, to make later-stage investments.

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

GE Ventures has become the founding sponsor of a $20m Pittsburgh-based accelerator aimed at startups developing robotics technologies.

Human resources company Slogan has joined forces with investment fund Coent to co-invest in seed-stage startups out of a $1.3m fund.

International Data Group's 22-year old Chinese corporate venturing affiliate has backed companies including Tencent, Baidu and Ctrip at early stage.