The NREP-founded Urban Sustainability Technology Fund has reached a final close having received backing from investors including Novo and Toyota unit Woven Capital.

The CRM Platform Fund, formed three years after the unit's inaugural fund, will invest in enterprise software producers from seed to late stage.

UOB and the venture firm’s joint vehicle has reportedly reached a first close sized at more than half its ceiling and is on its way to a final close later this year.

The insurer has pledged $13.5m to startup accelerator and incubator Founders Factory through a partnership modelled after a similar five-year initiative in 2016.

The reinsurance provider's corporate venturing arm is bolstering its portfolio development activities alongside the launch of its latest fund.

Google will begin investing in Africa-based companies through its Africa Investment Fund, running it alongside non-equity schemes Startups Accelerator Africa and Black Founders Fund.

Andreas und Thomas Strüngmann, two of Germany’s richest investors, have committed $29m to help expand TU Munich’s tech transfer operation.

The Earlybird Uni-X Fund will support early-stage spinouts originating from European institutions such as RWTH Aachen and Imperial College London.

The insurance subsidiary of financial services provider Fubon has acquired a 0.65% stake in Tiger Global’s XV fund after a similar deal for its IV vehicle earlier this year.

Orzon Ventures will receive $25m in initial capital from PTTOR, which has partnered 500 Global to seek out deals in the Thai and Southeast Asian venture ecosystems.