The life sciences and tech commercialisation company sold 17 million new shares to investors including Woodford, which contributed $19m.

The UChicago Startup Investment Program will offer qualifying companies a maximum of $500,000 for a series A funding round.

The car manufacturer is set to conduct corporate venturing activities through the new unit.

CEO Masayoshi Son has said that its joint fund with the government of Saudi Arabia is set to be oversubscribed as SoftBank re-affirms its commitment to invest $10bn in India.

A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.

A roundup of all the latest news on www.globaluniversityventuring.com for our subscribers.

Oberlin College has committed an undisclosed sum to VC firm Bullpen, backer of Edinburgh University spinout FanDuel, a fantasy sports platform.

The Hubert Media-backed vehicle, which will support Southeast Asian startups, is ten times the size of the firm's debut vehicle, which closed in 2012.

The e-commerce company has joined forces with Techstars to establish a 13-week program focused on artificial intelligence.

Patagonia, a US-based clothing retailer, has rebranded its corporate venturing fund from $20 Million & Change to Tin Shed Ventures.