The $9.5m investment vehicle will be run by Opt unit Bonds Investment Group for up to 13 years, targeting local entrepreneurs.

Saudi Arabia-based group's corporate venture capital fund will invest in disruptive technologies and opportunities in the food and retail space.

San Francisco Employees’ Retirement System commits $48m.

Fund for early and growth-stage startups targeting blockchain, decentralised finance (DeFi) and digital assets.

9Unicorns is also backed by OPG Group, MBG Group, Parakh Foods, Qualcon International, UB Cotton and corporate executives.

Ensemble Innovation Ventures Fund (EIVF) will target the health and wellness space.

LightShed Ventures is raising $75m to invest in seed and series A rounds.

Dexcom Ventures will invest in glucose sensing technology and adjacent areas.

Brandon Gath, previously head of corporate development at Kraken, has been made general partner of Kraken Ventures.

Fearless Fund is a US-based venture capital firm set up to invest in women of colour (WOC).