The fund has achieved a first close towards its $40m target, having been formed by MDI Ventures and Finch Capital in November last year.

The engineering technology provider’s newly formed Trimble Ventures unit will target startups and scale-ups working on technologies strategic to its existing industrial businesses.

The fund received commitments from real estate firms Greystar, Realogy, AvalonBay Communities, Camden Property Trust, JBG Smith and Leading Real Estate Companies of the World.

GLP has joined the roster of Harvest Capital’s limited partners through a $124m fundraising effort that also featured Sequoia Capital China.

The utility company has backed Energy Impact Partners’s latest fund that targets clean energy companies owned by diverse founders.

Klarna has launched two initiatives as part of its commitment to help UK-based SMEs survive the impact of the economic shock from the pandemic.

Israel-based specialty minerals and chemicals group has launched its programme to support businesses in the food tech and agtech space.

Abico Group, Gree, Mixi and Otto Group are all among the LPs that helped the venture firm close its fourth fund, which is set to back about 40 Asia-based internet, e-commerce and fintech startups.

The MSU Foundation-run Pre-Seed III Fund has secured an additional $6.5m from MEDC, more than a year after the vehicle was formed with $3m.

The commercialisation firm’s US operation confirmed it raised $58.6m during the first half of the year, although it had already disclosed $50m of this previously.