Arizona State University (ASU) is granted $1m to create a university venture capital fund for its start-ups and spin-outs.

Kansas University receives $100,000 donation from alumnus Clay Blair towards its venture fund.

Singularity University reveals plans to raise a $50m fund for start-ups and spin-outs.

Advisory boutique Accelevate has been established to work with corporate innovation teams and 'move innovation from 'idea to execution to exit'.

Drive Capital, a venture capital firm backed with $50m from Ohio State University, hits its $250m fund goal in a year.

Purdue Research Foundation and Cook Medical partner on $12m evergreen fund for life science firms at Purdue University.

Health Insurer Independence Blue Cross unveils plans to invest up to $50m into venture funds and start-ups in the Philadelphia region.