UB Ventures’ new fund secured capital from its parent company, Wistron’s Wise Cap subsidiary, banks and other investors.

Alphabet alumnus Gideon Yu is reportedly raising $500m to back companies spun out of incubator X Development like 280 Earth, Waymo and Google Glass.

The CICC Porsche (Shanghai) Venture Capital fund, whose size is reportedly $118m, will target energy and connected vehicles in China.

Kuroneko Innovation Fund 2 has $51.5m in capital to continue to invest in strategic areas like cleantech, spacetech, fintech, robotics and AI.

The new fund has already made nine investments in growth-stage companies.

Cisco’s artificial intelligence fund is double the size of similar initiatives for Salesforce Ventures and IBM Ventures, hailing another step in the AI boom.

As part of its new 2035 Industrial Plan, A2A has joined forces with 360 Capital again for a second CVC fund on its way to a $217m target.

The lobbying firm’s Anzu-Green Critical Technologies Fund will back defence technology startups and help them work with the US government.

The image sharing platform’s accelerator scheme was renamed Pinterest Inclusion Fund to target diverse business owners.

The AI accelerator jointly created by Nvidia, Tribe and Digital Industry Singapore will choose 15 Singaporean startups for its first cohort.