Research from Argonne National Laboratory will support the advancement of emerging battery technology backed by Volta Energy Technologies, which is funded by corporates Equinor, Exelon, Albemarle and Hanon Systems.

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 university has reportedly backed an oversubscribed $1.5bn buyout vehicle launched by Arcline aiming to take over eight-to-10 mid-market companies.

Serena Williams has made a limited partner commitment to the dating app's impact investment fund, which targets female-led startups.

Flipkart has established a corporate venture capital fund with a reported $80m to $100m in capital that will be overseen by CFO Emily McNeal.

The vehicle has a target size of $3.7m to be fulfilled by donations from philanthropists, with the aim of providing support to early-stage university businesses and research.

The UC Berkeley-affiliated House Fund has received a $10m commitment from Infosys on its way to a targeted close of $50m.

Severstal has launched an accelerator to develop metallurgical technology startups as part of a $25m open innovation investment drive.

University of Delaware-backed science incubator Delaware Innovation Space has started a VC vehicle called First Fund offering startups up to $75,000 in convertible notes.

Infosys will contribute $10m to the second House Fund, which is targeting a $50m close to back UC Berkeley-linked businesses with a focus on AI.