Consumer Technology Association is among the LPs in the first fund raised by the diversity-focused venture firm, which has closed at an oversubscribed $40.3m.

The Indian subsidiary of the consumer goods conglomerate has set up a $27.9m vehicle to invest in sustainable technology developers.

Green Shield Canada, Alterna Savings and several insurers chipped in as the fintech-focused venture firm closed its second fund.

The semiconductor-focused venture firm has recruited SK Hynix, EmbedWay, Huafon and Guangzhou Fengshen Motor for a fund of undisclosed size.

Animo Ventures has rebranded from Magnetico Ventures and launched with a $60m debut fund that has secured Techint as an anchor investor.

Fintech-focused venture firm MiddleGame Ventures has secured S&P Global as a limited partner for an early-stage fund expected to close at $165m next year.

Tyson Foods' corporate venturing unit has contributed to foodtech-focused Big Idea Ventures' New Protein Fund, which is aiming for $50m to $75m.

MEC Ventures, which was co-founded by Al Salam Bank-Bahrain, will target financial technology among other areas as it invests in the Middle East and North Africa region.

Northzone's ninth fund has signed up Rabo Frontier Ventures as a limited partner on the way to reaching a $500m final close.

The consumer-focused venture firm has raised $60m for the first close of the L’Oréal-backed Fireside Fund II on the way to a $100m target.