XCarb will is set to proivide $100m in funding for startups each year to support ArcelorMittal’s aim of carbon-neutral steel production.

Social media talent manager Night Media's fund will invest up to $300,000 per company in areas such as consumer-facing products, gaming and the creator economy.

The newly established Tokai Venture Capital and Incubation unit will focus on the total life concierge concept.

Automotive manufacturer Geely and conglomerate SK Group are each chipping in $30m for a mobility-focused investment vehicle.

The impact investing-focused incubator and investment group’s VC fund counts Marui and SunBridge among its limited partners.

Hanoi University of Science and Technology’s BK Fund has partnered ThinkZone for a $10m fund that will invest in domestic startups.

Natural Products Canada has signed up a prospective anchor investor for its newly formed corporate venturing fund, which has a $39.5m target for its close.

SoftBank-backed Volpe has reached an $80m first close of its inaugural fund and made its first deal by investing in Uol Edtech.

The Future Value Fund I will invest in pre-seed companies, including spinouts from Rev1's long-time partner Ohio State University.

Air Company, Ionomr Innovations and Versogen were selected to participate in the Shell-backed accelerator initiative’s latest cohort.