The university venture fund, once established, will be the first of its kind for Waseda University and will be raised in partnership with Well Investments and Beyond Next Ventures.

Fujifilm, Olympus and TechMatrix were among the participants in a round that boosted medical imaging technology spinout LPixel's funding to $35m altogether.

University of Minnesota is part of a list of limited partners that provided $150m for Brazil-based venture firm Monashees to close its eighth fund.

Longwall Ventures has led a $2.8m seed round for University of Oxford’s newest spinout, quantum technologies-based sensor technology developer Oxford HighQ.

Bristol spinout Vitamica has closed a seed round with the backing of University of Bristol Enterprise Fund II and Wyvern Seed Fund.

UChicago Innovation Fund has been renamed to George Shultz Innovation Fund following a $10m donation in honour of the former Chicago Booth dean and US secretary of state.

University of Southampton spinout Exosect has been put up for sale by Hilco Streambank in an effort to salvage the pest and disease control technology producer.

UCLA spinout Hypothermia Devices graduated from a university-based accelerator in February and is now commercialising body temperature management devices for the medical and athletics markets.

VTT Ventures has supported a $13.7m series A round for the institute's spinout Dispelix, which is working on see-through displays.

Oxford University Innovation has released its quarterly figures that reveal more than 89% of external investments in its spinouts occurred in August.