Biopharma company AstraZeneca has increased the capital in its corporate venturing fund to $400m, as it invests in life sciences company NeuProtect.

The agribusiness firm is reportedly teaming up with Mitsui and Archer Daniels Midland to establish a corporate venturing fund that will operate outside of China.

The Malaysian financial services firm is launching the private equity fund in conjunction with investment units connected to the World Bank and US government, and will prioritise power generation infrastructure.

Intel Capital has detailed its plans for its $300m Ultrabook fund, which a senior Intel executive said was a "top priority" for the corporate venturing unit.

Intel's corporate venturing unit follows up its launch of a $300m Ultrabook fund with a software-based corporate venturing push to create a stronger position in portable devices.

The biopharmaceutical company has launched a $50m technology and life sciences corporate venturing unit, according to its latest financial results.