The gas utility will back startups in food and agriculture, wellness, real estate and tourism as it seeks to use corporate VC to expand its business.

The insurance and financial services group will offer its pension investors access to startups through the fund, which will target areas including health and fintech.

The fund will be managed by the US venture capital firm's healthcare team.

LY Corporation, the company formed when Yahoo Japan merged with Line, will explore deep tech with CVC subsidiary Z Venture Capital's second fund.

ISA partnered with Wayra and Telefónica Movistar and launched Inndigo, which intends to invest $130m in energy transition startups by 2030.

BS2 Ventures has been equipped with nearly $17m and is targeting startups that can help its parent bank serve SMB customers.

Bosch has returned to anchor the $206m second fund for its Chinese corporate VC arm, following a $155m debut fund three years ago.

Amazon has increased the size of its Smbhav Venture Fund to $350m and will invest in companies digitising the production of goods.

Another big tech AI investment has skewed the month's total, but underneath lies strong dealmaking in industrial startups and growth in Japan.

De-Sign Capital Fund 1 already made an investment in Any, an AI-based enterprise insight management platform producer.