The pair have each put up $100m and are seeking to raise a total of $600m to $800m for a fund which will invest in digital and emerging technology.

HSBC Ventures has pledged to back growth-stage climate technology developeres, providing them with the bank’s resources and network as well as capital.

Intuit’s newly formed venture capital arm will invest in early and growth-stage businesses solving a variety of problems in the financial and business services sectors.

Originally known as Oxford Sciences Innovation, the investment company set up by University of Oxford has undertaken a rebranding exercise.

Sanofi, Axa, Aviva, Pro BTP and CNP Assurances were among the backers of the vehicle, which will focus on biotech investments.

Fifth Wall hopes to close its climate technology-focused fund at $500m having secured capital from Invitation Homes and Ivanhoé Cambridge.

Illumina has anchored the second fund to be closed by the venture firm it sponsors, with Ireland Strategic Investment Fund among the limited partners.

Vijay Singh will head a fund which will be tasked with partnering celebrities on investments in the Indian ecosystem.

The investment manager has become a limited partner in CSIRO-founded Main Sequence Ventures, which announced its $194m Fund 2 in April this year.

Conductive Ventures returned for online savings platform developer Self Financial's $50m series E round while EV producer Volta Trucks completed its $43.6m series B.