A round up of all the latest news on www.globalgovernmentventuring.com for our subscribers.
4490 Ventures collects $49m for second fund
The figure represents a first close for the firm’s second fund and follows a $30m vehicle backed by the State of Wisconsin Investment Board in 2013.
South Korea plans $276m social impact fund
Small companies and cooperatives will be the main beneficiaries.
China steps up European venturing efforts
The new $480m BMC Europe Fund I is just the latest example of increased Chinese venture investment in the region.
New York State joins $1.5m Agrilyst round
The indoor-farming firm is planning expansion into new markets.
Kopernio accesses Innovate UK funding
The academic journal technology firm will extend its institutional coverage.
Ocunova tears into $500,000 seed round
The Penn State spinout has received funding from Pennsylvania state-backed investors to develop a treatment for diabetic dry eye disease.
Temasek backs Brazil’s Clínica
The Singaporean fund has invested an undisclosed sum.
IFC joins series C round for Creditas
Endeavor Catalyst and Kazsek Ventures also supported the Brazilian fintech company.