3B Future Health Fund II is incorporated in Luxembourg and targeting $120m.

Separately, design and marketing consultancy R/GA is expanding its venture studios program to target black-led and black-owned startups.

Samsung Engineering is planning to actively develop blue hydrogen, carbon capture and plastic recycling technology and wants the CVC portfolio companies to help.

The venture capital firm specialises in backing spinouts and has already celebrated an exit with the flotation of Amsterdam UMC’s Lava Therapeutics.

Cusp Capital will back early-stage young tech companies across Europe,

Venture fund's initial investments include Lava Therapeutics, which floated on Nasdaq stock exchange in March.

The University of Tokyo-backed carveout fund’s latest limited partners include corporates Daikin, Hakuhodo and Mitsubishi Estate.

The University of Tokyo-backed carveout fund’s latest limited partners include corporates Daikin, Hakuhodo and Mitsubishi Estate.

RPA’s Open Ventures and Segment subsidiaries’ joint accelerator scheme will target online marketing startups.

Marcau Partners will manage the independent venture capital fund.