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.

The ¥5bn fund will be operated jointly with Simplex Capital Investment and invest in content and technology-focused startups.

The early-stage corporate venture unit is raising its fifth AI-focused fund.

The unit will invest in advanced systems and robotics, climate and energy and human health technologies.

The state-owned energy company has announced a new fund to invest in hydrogen startups across the value chain.

Munich Re Ventures has launched a $125m fund with capital from insurer HSB, to be invested in technology for de-risking industry.

Guy's and St Thomas's and Kings College Hospital started the fund in 2021 to see if an NHS VC fund could succeed. Now it has partnerships and funding from US hospital groups.