The Rabobank-backed food and agriculture venture firm has added $75m to the $125m first fund it initially closed in early 2016, and announced two new investments.

Xiaoguang Sun, a former Intel Capital director, has moved from an MD role at private equity firm Yellow River Capital to head RBVC's China activities.

Valley Growth Ventures, whose founding partners include Youngstown State University, has begun talks with a healthcare-focused startup that could result in its first investment.

WSU has filed a lawsuit ordering Phytelligence to cease growing its patented apple tree, despite retaining equity in the spinout.

Cykloburn, which is commercialising technology to produce electricity and heat from poultry farm litter, is the first spinout to emerge out of Morgan State University.

Sector focus: Industrial

Space launch services provider Spaceflight Industries has pulled in funding from Mitsui and the Thales Alenia and Telespazio-backed Space Alliance.