Michigan University and Michigan Technological University have been granted $2.2m in total capital to support technology transfer.

OurCrowd will source investments for the energy company in areas such as big data, connected technology and blockchain.

Axinan, TenX and InvoiceInterchange are the first three participants to graduate from the online payment platform's Start Tank initiative.

Melbourne, Sydney, New South Wales and Queensland universities will each invest $3.8m in the fund over the next five years.

IDG Ventures India and Axilor Ventures have formed an initiative called Frontier Tech Innovators to invest in early-stage disruptive technologies.

Mastercard, AXA, MetLife and Prudential are among the limited partners for the Accion Frontier Inclusion Fund, which will back technology that will make financial services more accessible.

The gaming services and media companies have put in an initial $140m and will target game developers, distributors, eSports and ancillary businesses.

Symantec Ventures will focus on opportunities in the cybersecurity sector, building on the investment in Appthority that the corporate conducted through subsidiary Blue Coat.

The university has partnered healthcare provider Carilion Clinic to establish a $15m fund focused on the local area.