Western Michigan University-linked investment firm Sleeping Giant Capital has raised $21m for the first close of its fund which has a $50m target.

Marc Sedam has been appointed vice-president for technology opportunity ventures at NYU Langone Health.

University of Tokyo Edge Capital is seeking up to $275m for its fifth venture capital fund.

The industrial supplies provider has secured $220m overall after a series E round backed by Harvard Management Company.

Blue Square Discoveries will involve Deerfield providing funding and business support to researchers at Baylor College of Medicine in the latest such partnership for the investment firm.

University of Rochester and Grinnell College were among the LPs in the venture firm’s latest vehicle, which had a $100m target.

UPenn, Penn Medicine and OUP all contributed to an oversubscribed series A round for UPenn spinout Interius Biotherapeutics.

Yale's immunological disease treatment developer floated its shares below its initial price range in an IPO in the US.

University of Tokyo’s micro-satellite technology spinout’s $23.6m round featured exiting shareholder 31Ventures and various new investors.

Desktop Metal has paid an undisclosed amount to buy UT Dallas spinout Adaptive3D.