The 500 Startups Japan team have spun off as Coral Capital and launched a $45m fund backed by Mitsubishi Estate, J-Power, Mizuho Bank and Shinsei Bank.

Vilmorin & Cie has joined fellow corporates including BNP Paribas, Naval Group, KPN, Famille C and Mgen as an investor in PSL Innovation Fund, which is targeting an $87.5m close.

Engie New Ventures alumnus Giovanni Ravina, became chief innovation officer for another Engie subsidiary, Engie EPS, in January this year.

The venture capital firm has sourced commitments from investors including Arlon Group and Rabobank for a $100m food and beverage-focused fund known as BFG Fund II.

Ian Folau, a co-founder and former CEO of GitLinks, has been hired by the recently launched LMI Ventures as a managing director.

SoftBank has reportedly invested $200m in a Europe-focused venture capital fund formed by Mubadala, which had committed $15bn to its Vision Fund two years ago.

Siemens Technology Accelerator venture director Nico Straub has taken a partner position at Bioventure Consulting after nearly six years at the unit.

The Irish private equity investor is reportedly approaching AIG, Goldpoint and Cigna, all of which backed the firm's debut vehicle in 2013, for commitments to its Fund II.

The corporate venturing units of Semapa and KPN have contributed to Armilar's TechTransfer Fund, which has raised almost $51m on its way to a target of about $68m.

The metastatic cancer drug developer has secured $60.8m from investors including Celgene and the WuXi AppTec-backed 6 Dimensions Capital.