The China-based corporates will invest across the healthcare industry in order to build a diversified ecosystem in the sector.

The $307m Taiwan Entrepreneurs Fund and $129m Entrepreneurs Fund for Hong Kong will invest in companies leveraging its technology ecosystem to develop products.

Konica Minolta Digital Health Accelerator will fund Singapore-based startups operating in the digital health technology space.

The fund will invest about $75,000 a time in companies working on technology that can expand internet access in markets underserved by internet connectivity.

UVA’s seed fund will be run by its TTO over an initial term of 10 years to back spinouts as well as other university-linked companies.

New Mexico University joins Osage Venture Partners 70 existing academic partners.

Medtronic has joined forces with Sequoia Capital and Suzhou-BioBay to invest in healthcare technology startups based in, or which intend to expand into, China.

The internet and e-commerce company's Rakuten FinTech Fund will target European and US startups which can bring strategic benefits to its subsidiaries in the sector.

Venture firm Elevar raises $74m in its third fund, with LPs including a university endowment.

Baidu has 'significantly' increased the size of Convergence Ventures' fund, already backed by Bakrie Group, which was sized at $25m as of November 2014.