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Armilar accepts Semapa and KNP for fifth fund
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.
AirAsia invites passengers on to investment fund
The airline operator's Redbeat Ventures unit is seeking limited partners for a corporate venturing fund that will be anchored by the corporate.
Mandiri Capital makes for external backers
Bank Mandiri's corporate venturing unit is seeking $50m to $100m for a second fund and is targeting LPs outside the company.
3one4 Capital seals Sojitz backing
Sojitz has contributed to venture firm 3one4 Capital's latest fund, which has raised $21m of a targeted $50m to invest in the firm's portfolio companies at a later stage.
Vision Fund gets to halfway point
SoftBank Vision Fund has reportedly got to the halfway point of its $98.6bn allocation and is expected to run out of capital in the next 18 months.
SoftBank studies 10-figure Latin America fund
SoftBank is reportedly considering a Latin American fund that would be sized in the billions of dollars, in addition to leading a $149m round for Brazil-based Gympass.
BBG beckons outsiders to new fund
BBG Ventures, which was founded by AOL and is now funded by Verizon Media, is reportedly seeking external commitments for its next fund.
GE Ventures puts resources into Flux
General Electric’s corporate venturing unit is launching a content portal called Flux to help companies overcome barriers to diversity and inclusiveness.
Sojitz sorts out $33m joint venture fund
Japanese conglomerate Sojitz has formed a $33m fund that will be managed by venture firm Fenox Venture Capital, already an investment partner for Sega Sammy and Aisin.
Partech packs $143m into African fund
Partech Africa has achieved a final close of $143m with limited partners including Orange, Edenred, JCDecaux, Bertelsmann, L’Oréal, Axian Group and Texaf.

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