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.

The investment firm, which counts several corporates as backers, has completed the first close for a fund with a $1.48bn target, following commitments from China Everbright Trust and two state-backed funds.

Valor Siren Ventures I has signed up Starbucks as a cornerstone investor as it seeks to close its fund at $400m to back food and retail technology developers.

OSF Ventures, OSF Healthcare's corporate venturing unit, has backed healthcare-focused VC firm LRVHealth's fourth fund, which had set a $100m target for close.