A report distributed by Venture Nashville Connections said Genera Energy was raising money from third parties for its fund.

Sorin Group joins medical device peer Medtronic in backing MD Start, a Switzerland-based healthcare incubator.

Investment bank JP Morgan Chase raises more than $1.2bn for its Digital Growth Fund, according to a regulatory filing seen by news provider New York Times.

French engineering companies Alstom and Schneider Electric formed Aster in January last year out of Schneider Electric Ventures and has now added Rhodia as the third cornerstone limited partner in the latest fund.

Merck last year agreed to invest C$100m over five years in research and development in Quebec, a province of Canada, and has provided nearly $7m to AmorChem, a Canada-based life sciences venture capital fund.

Chinese Academy of Sciences' Jiahe Venture Capital Fund in north-eastern China's first industrial technology centre in Harbin.

The factory will cost RMB1bn, according to news provider Shanghai Securities News, citing a company filing between Jiangsu Aucksun Metal has linked up its RMB30m ($5m) Dingshun Venture Capital subsidiary.

Bayerische Motoren Werke will sell two cars, BMW i3 and BMW i8, from 2013 under the sustainable BMW i brand and invest in seed and series A round deals through the BMW i Ventures team.

The first deal of KBS+P Ventures is YieldBot