Monex Ventures and Uncovered fund are investing tens of millions into the African tech startup ecosystem.

Two large Danish corporates and a family office are also investors in the fund.

Totalling $30m, the funds will finance healthcare ventures spinning out of the academic medical care system.

This is the second fund of funds for Gree Ventures.

The fund is part of the university’s newly set up investment arm Monash Ventures, supporting healthcare developments.

The fund aims to back research-based startups affiliated with the university.

It is the second fund launched by Origgen Capital to finance ventures based on research and intellectual property.

The venture capital firm plans to write larger cheque sizes for startups in its sixth fund as its portfolio companies grow internationally.

The new funding brings total commitments at Propel Venture Partners, which was spun out of the Spanish bank in 20216, to more than $437m.

Fukuoka Financial Group has launched its second corporate venturing fund, a joint venture between its CVC arm and fund manager SBI Investment.