Uday Kumar, whose previous spinout iRhythm is trading with a market cap of $2.6bn, has collected $145.6m in a GV-backed round for his latest venture.

Portal Innovations will target biomedical spinouts from across the Midwest under the direction of ex-UChicago innovation veteran John Flavin.

Cambridge Enterprise has named Ajay Chowdhury, managing director of BCG Digital Ventures, chairman of the board.

Ajay Chowdhury has been named chairman of the board at Cambridge Enterprise following Sir Keith O'Nions's five-year tenure.

Paula Sorrell will join George Mason University as associate vice-president of innovation and economic development in May.

Linnéa Lindau has left her position as chief executive of Chalmers Ventures after four and a half years, with Gunnar Fernström becoming interim CEO.

Jasan Fitzpatrick, previously general counsel at L&G’s investment unit, has been appointed managing director of principal investment to focus on build-to-rent and affordable housing segments.

Oil provider Helen has hired Fortum alunmus Mikko Huumo to set up a $55m coprorate venturing fund that will focus on transition in the energy industry.

Northern Illinois University has appointed Luke Sebby as director for innovation partnerships and tech transfer.

The venture fund has appointed GCV Powerlist member Rajesh Swaminathan, who had led Amat’s corporate venturing unit for nearly two years, as a venture partner.