The venture fund officially launched at the end of last month, having already invested in five companies linked to University of Washington.

Solana and Jump Trading helped crypto wallet developer Phantom secure $109m while HR software provider Gupy netted $93.1m in a round co-led by SoftBank.

The CSIRO-linked venture firm has obtained additional capital from the Australian government less than a year after launching its second fund with an initial $194m.

Internet group Naver’s metaverse subsidiary will use the cash to support game studios in its ecosystem.

Hear how the industry will evolve at special webinars on February 9 and 10.

CSAA-backed digital home insurer Kin Insurance has backed out of a reverse merger while The Sandbox has committed $50m to a metaverse startup accelerator.

Hitachi's corporate venturing unit is lining up its next fund months after launching its sophomore vehicle, according to Stefan Gabriel.

KPN Ventures and Caterpillar Ventures both committed to the venture firm's recently closed $75m deeptech fund.

Financial services group Credem is among the investors in the accelerator, which was launched by CDP Venture Capital.

Edenred is backing Raise Ventures while Eurazeo has boosted its smart city fund, showing activity in the French ESG space.