The Cisco-backed enterprise-focused venture fund revealed in May has revealed a name, Catalyst Labs Fund I, and a $500m target for its close.

University of Notre Dame and Indiana University have both backed a $9m seed fund aimed at supporting local businesses in life sciences, health IT and agricultural biosciences.

The Notre Dame Pit Road Fund will provide an early funding platform to technologies and businesses accredited by the university’s Idea Center.

Apollo Hospitals is among the contributors to the fund, which will back innovative health technology developers in South and Southeast Asia.

Rutgers University was among a string of limited partners for the growth equity firm's ninth fund, which was oversubscribed from its $300m target.

Micron Technology has put $100m in capital towards corporate venturing subsidiary Micron Ventures, which will go towards the artificial intelligence and machine learning sectors.

American Family Insurance was among a string of limited partners for the growth equity firm's ninth fund, which was oversubscribed from its $300m target.

Equinor is among the limited partners for ArcTern Ventures' second cleantech fund, which has reached a first close on the way to a target of about $115m.

Canada’s Strategic Innovation Fund will provide $19.2m for accelerator Creative Destruction Lab over four years with the aim of supporting more than 1,300 science-focused companies.

Trade body Association of International Certified Professional Accountants provides participants in its accelerator with up to $25,000 in funding to target either financial information or occupational competency applications.