Three new limited partners will join CHV III, including Intermountain Healthcare of Salt Lake City, Utah, and Decatur Memorial Hospital of Decatur, Illionois.

Garage and its corporate partners will invest $500,000 to $5m from seed and early-stage to growth and late-stage companies.

Steamboat Ventures raises the fund after seeking third party money for the first time, and it is understood it won backing from a combination of strategic and institutional investors.

Ward Howell sets up its Talent Equity Venture Fund to invest in start-ups valued at up to $5m, working on geographically scalable professional training and HR projects.

The corporate-backed state venture fund, which raised nearly $380m for the first close of its second venture fund in October last year, is in late-stage talks with one company started outside Germany, after securing the ability to invest overseas as part of the new fund.

See table of top 30 fundraisings and units by size.