LinkedIn is trying to build a network of content creators on its platform through an accelerator programme and $25m fund.

The corporate has followed its $5bn first Latin America fund by channelling $3bn into a Fund II which may be boosted by external investment.

Fibonacci VC’s second fund is double the size of its debut vehicle, thanks to commitments from LPs including Xiamen C&D and China-Singapore Suzhou Industrial Park Development Group.

Bank BCA’s corporate venturing arm is reportedly set to partner venture firm Finch Capital to invest in financial technology developers.

Earthshot Ventures, a venture capital spinoff of Elemental Excelerator, counts the software provider among its limited partners.

Allianz has recommitted to the venture capital firm having funded its $170m debut vehicle two years ago.

The carmaker intends to allocate $356m to the vehicle, which will invest in early-stage companies in addition to decarbonisation schemes.

Baidu is a limited partner in the third fund of its AI-focused investment unit, Baidu Ventures.

Penn Medicine and Wharton Social Impact Initiative have launched an investment fund focused on the drivers of health equity.

Penn Medicine and Wharton Social Impact Initiative have launched an investment fund focused on the drivers of health equity.