In 2010, Core launched a $30m fund, Core Innovation Capital I fund, with Goldman Sachs as an anchor investor, although the firm has made eight prior investments through the CFSI Catalyst Fund.

Pinel Venture Capital will make investments in small to medium-sized businesses.

Sberbank backs Troika Dialog's corporate venturing unit shortly after the merger of the two Russia-based financial institutions.

Linkage Ventures will identify, evaluate and invest in early stage technologies. Linkage itself will be a source of dealflow and run the Ventures unit while CincyTech has access to public and private funding.

Linkage Ventures will identify, evaluate and invest in early stage technologies. Linkage itself will be a source of dealflow while CincyTech has access to public and private funding.

Digital Sky Technologies (DST), a Russia-based firm, is raising up to $1bn for a late-stage venture fund, according to news provider Bloomberg.

The fund strategy is modeled on a plan devised by the European Investment Fund (EIF) last year to encourage corporations to support established venture capital firms, according to a source close to the fund.

Cleveland Clinic tied up North Shore-LIJ's clinical facilities and its Feinstein Institute for Medical Research in a strategic alliance.

Mixi, Xing and D2 Communications as well as Japan's Organization for Small & Medium Enterprises are among the backers of the gaming company's corporate venturing unit's first fund.