Balaji Gopinath and Ron Yerkes, formerly global vice-president and director at SAP.IO respectively, have joined forces to form venture firm Twelve Venture Capital.

Gree Ventures and Miki have both contributed to a North Asia-focused venture capital fund that Infinity Ventures plans to close at $120m.

BNP Paribas’ Opera Tech Ventures and Standard Bank have backed a series A round for remittance banking services provider Rewire, which plans to spend the cash on expansion and recruitment.

Dai-ichi Life has supplied $9m for the fund, which is targeting technologies such as renewable energy, electric vehicles and energy storage.

Parth Desai has stood down as an investment manager at NewYork-Presbyterian Ventures to offer his healthcare business acumen to venture capital firm Flare Capital Partners.

Equinox, Exelon, Albemarle and Hanon Systems have helped establish a battery technology fund called Volta Energy Technologies which is supported by a research agreement with Argonne National Laboratory.

The fresh food retail chain plans to use the proceeds from the Tencent-led series B round, which included Meituan Dianping's Longzhu Capital unit, to expand to 1,000 stores this year.

The UC Berkeley-affiliated House Fund has received a $10m commitment from Infosys on its way to a targeted close of $50m.

Alex Tepper has departed from a managing director position at General Electric's corporate VC unit to take a senior managing director role at startup studio Human Ventures.

Alibaba, Chongqing Changan Automobile, Dongfeng Motor, FAW, Suning and Tencent have joined forces to form a $1.46bn vehicle that will invest in the on-demand ride space.