The financial services provider, which already co-runs an accelerator with Techstars, will provide a debt-based alternative for UK-based technology companies.

A study has found that University of Wisconsin-Madison and its affiliated organisations have an economic impact of $15bn.

Liu Erhai has left Legend Capital, where he was managing director, after 12 years to form Yuyue Capital, which has just raised $200m for its first fund.

Sho-Zemi Innovation Ventures, which recently expanded into the US, plans to open an office in Southeast Asia as it gets ready to raise a $10m fund.

Scale Up Ventures, launched with $25m of private and up to $25m of public funding, will provide corporate access as well as capital at pre-series A stage.

The venture firm has secured backing from undisclosed Japan-based corporates for a $20m fund that will target India-based, mobile-focused startup companies.

Russia-based innovation centre Skolkovo Foundation, partnered with MIT, launches $200m fund with China-based investment group Cybernaut.

The IT services provider has established a corporate venturing fund as part of a initiative to grow its business in India.

Norway-based energy utility company Statkraft plans to launch a corporate venturing subsidiary in Germany that will target renewable energy technology startups.

The cloud storage company, which went public three months ago, has set up a $40m fund to invest in startups developing services on top of its platform.