The launch of the Y10bn ($125m) Docomo Innovation Fund and Docomo Innovation Village incubation programme is expected by March 31.

Aditya Birla Capital Advisors, the private equity unit of the eponymous conglomerate, will be the investment adviser for the fund.

Energy sector forges new links with clean-tech 2.0 investors.

Electranova Capital, a fund which supports energy start-ups specialising in environmentally-friendly technologies which is backed utility EDF, has invested in two companies, Seatower and Actility.

The company has renamed its corporate venturing unit Volvo Group Venture Capital, headed by Johan Carlsson (pictured), to reflect its broadened mandate, which includes being able to make acquisitions and take majority stakes.