Four Singapore-based companies – real estate company CapitaLand, data centre provider DeClout, agribusiness Wilmar and logistics provider YCH Group – have been awarded S$40m ($29.2m) to back local startups.
US-based venture capital firm Geodesic Capital closed its inaugural fund at $335m with an anchor investment from Mitsubishi Corporation, a member of Japan-headquartered conglomerate Mitsubishi Group.
Russia-based cybersecurity software provider has launched a corporate venturing unit that will invest up to $1m in startups.
Caterpillar Ventures, the corporate venturing arm of construction equipment producer Caterpillar, provided an undisclosed amount on Tuesday for the latest fund to be raised by Switzerland-based venture capital firm Emerald Technology Ventures.
US-based messaging platform Slack Technologies has hired Jason Spinell as an investor for its corporate venturing unit, Slack Fund.
Bernhard Gold has left T-Venture, a corporate venturing subsidiary of telecommunications firm Deutsche Telekom, to join France-headquartered venture capital firm Iris Capital as managing director of its North American office.
US-based flat panel display technology developer Kateeva completed an $88m series E round with contributions from several corporate investors.
Private equity firms Coller Capital, HarbourVest Partners and Lexington Partners are among the prospective bidders for a venture capital portfolio set to be sold by semiconductor maker Intel for about $1bn.