Newark Venture Partners, an accelerator and $50m venture fund, comes to New Jersey with sights on Rutgers.

The financial services group has brought together Fidelity Growth Partners Europe, Fidelity Growth Partners Asia and Moonray Investors into a single entity and armed it with $233m.

The audiobook provider is among the limited partners of a fund that will invest in New Jersey-based startups alongside an accelerator programme.

The venture capital fund has enlisted Airbus, Thales, Telespazio, Com Dev and Avanti for a fund that will target companies working on space technology.

The cybersecurity software producer will partner with Frost to incubate up to 10 startups focused on cybersecurity analytics, big data and the internet of things.

Queensland startups receive AU$24m state-backed boost as part of AU$180m Advance Queensland initiative.

The e-commerce group will target startups developing apps for local services, and will provide an additional $161m in debt through its Ant Financial affiliate.

The unit, which counts Yahoo and Alibaba among its successes, will be wound down in favour of larger investments, the first of which could be in lending platform SoFi.