NTT Docomo has set up a Y10bn ($109m) corporate venturing fund and will also launch an incubation program to support start-ups and invest in 500 Startups II

The company has committed $100m to the Catalyst Fund for early-stage start-ups, which may be available to university startups.

The company has committed $100m to the Catalyst Fund for early-stage start-ups.

Run by Beth Comstock, GE Ventures is the central point for its health, energy, software and advanced-manufacturing teams based in California and investing about $150m per year, according to news provider VentureWire.

Bo Ilsoe, a Nokia Growth Partners managing partner, said: "On the exit front we have had a pretty good run in the last eighteen months. We have returned quite a bit of capital to Nokia. We have a proven model, which is working, that also led to the new commitment." Our e-zine editorial out on Sunday will be on the Nokia fund and the extended interview with Ilsoe.

Avichay Nissenbaum and Yaniv Golan, co-founders of Lool, have previously founded their own companies and been angel investors.