Google establishes new healthcare business Calico to tackle issues of aging and illness - "clearly a longer-term bet."

Cambridge University may reveal late-stage investment fund over the coming month.

Venture Investors announce $80m venture fund with a focus on Wisconsin early-stage spin-outs.

Microsoft Ventures is seeking applicants from UK technology and gaming start-ups to join the latest branch of its global accelerator.

The New York Times has graduated the first three start-ups from its incubator timeSpace and plans to invest in each.

Yale University partners with Connecticut Innovations to form $2.5m YEI Innovation Fund.

South Africa media and internet services firm, Naspers, is not pulling out of the Indonesia and Philippines online service markets, despite the corporate investor having to bite the bullet and close two sites in those markets earlier this year. Two strong brands in the classified sector has proved that the right strategy works in any market.

LVMH corporate venturing unit, L Capital Asia, has exceeded its original target for its second private equity fund, announcing it has reached its hard cap of US$950m. Launched in March 2013, targeting commitments of US$800m, the fund raising exercise has been completed within six months.