Real estate developer Century Golden Resources Group is among the contributors to the latest fund for venture firm Fortune Venture Capital, which has closed at $667m.

UNC-Chapel Hill has become the latest university to join forces with Deerfield Management and launch a $65m commercialisation fund.

Commerce Bank has established a strategic partnership with fintech fund SixThirty that will give it the chance to invest in the latter's portfolio companies.

Volvo's financial services subsidiary has launched an accelerator with L Marks dubbed iLabX in order to access technology from startups.

Japanese entertainment producer Sega Sammy has assembled a $20m fund that will be managed by existing partner Fenox Venture Capital.

Carmaker Hyundai has teamed up with Yield Capital to set up a hydrogen-related investment fund and has targeted a $100m close.

The bank has selected 75F, Ladybug Tools, Yotta, UbiQD and Next Energy Technologies for IN², the cleantech incubator it formed with the US Department of Energy.

The firm, formed by Astellas and MPM Capital two years ago, has secured $75m for a fund known as Rx Digital Fund, according to a securities filing.

Researchers at University of Alabama at Birmingham will be able to apply for up to $35,000 in funding to support the commercialisation of their inventions.

SEI Ventures will invest in seed-stage companies and give startups the opportunity to pilot their technologies across Strayer University and Capella University.