Vinted Ventures plans to back tech companies tackling challenges in the re-commerce sector.

The investment includes a balance of developer control and investor returns and allows developers to own IP.

The pot of money will fund AI researchers as US universities face cuts to funding for science and research.

The rebranded investment company welcomed the European Investment Fund as an anchor investor in its Growth Fund I.

The launch of the fund follows Sanofi’s investment in a $1bn insulin production facility in Beijing, China.

Yango Ventures will focus on early-stage startups in the online-to-offline, B2B SaaS and fintech sectors to drive digital transformation.

The small German academic institution generates an outsize number of unicorns.

The insurance and financial services group will offer its pension investors access to startups through the fund, which will target areas including health and fintech.

Four months after serving a custodial sentence for money laundering offences, Changpeng Zhao has turned Binance Labs into a family office.

The fund will be managed by the US venture capital firm's healthcare team.