The Indo-Japan Emerging Technology & Innovation initiative has secured Nippon Life and Suzuki as limited partners and will back up to 25 Indian VC funds.

Jim Orlando is leaving Omers Ventures to join a $75m vehicle that will be run by the Weston family’s holding company, Wittington Investments.

Korea Telecommunications Operators Association is among the limited partners in a $42m fund aimed at technologies such as artificial intelligence, big data and 5G networks.

The smartphone maker has launched a $29m VC and consulting business subsidiary based in the Chinese city of Chongqing.

Chugai, Eisai, SoftBank, Takeda and Celgene have contributed to healthcare venture firm Catalys Pacific’s inaugural fund, which has a target size of $100m.

ADP, SEB, Michelin, Valeo, Accor, BioMérieux, Dassault, JCDecaux Holding, Kering and Pernod Ricard have all contributed to the venture fund’s $358m first close.

Sunway Group has joined Gobi Partners and Mavcap in Malaysia SuperSeed Fund II, which will invest at pre-series A stage.

Power Corporation's Portag3 Ventures unit has anchored the venture capital investor and incubator's second vehicle, which will focus on financial and insurance technology.

Venture capital firm Valo Ventures, launched by CapitalG alumnus Scott Tierney, has raised $175m for its debut fund following an LP commitment from Fortum.

Inner Loop Capital has raised $2.6m from investors including Bloomberg Beta for Syndicate Fund, which invests in cybersecurity and enterprise technology startups.