News streaming app developer Haystack TV raised $2m from investors including Stanford-StartX Fund and appliances manufacturer Vestel to prepare for an expansion into Europe.

Leigh Sullivan will leave his position as vice-chancellor for research and innovation at Federation University Australia to take on the same position at Canberra.

Berkeley Catalyst Fund has helped close a $90m series B round for 4D Molecular Therapeutics, which emerged out of UC Berkeley.

Educational content creation platform Acrobatiq spun out from Carnegie Mellon University in 2015 and had been backed by the university's Carnegie Innovations division.

UC San Diego is the fourth university to launch a $65m initiative with Deerfield Management, following Northwestern, Vanderbilt and Johns Hopkins.

The NUS Graduate Research Innovation Program will invest a total of $18m over the next five years to support the creation of 250 spinouts.

Softgarden, a spinout of Saarland University, has been acquired for Investcorp Technology Partners for an undisclosed sum.