DSG Ventures has launched with five investments and marks the rare instance of a sports retailer launching a strategic fund.

Cable One provided $50m for Ziply Fiber while Mercuria co-led a series C round the same size for The Mobility House.

Grace Wang is leaving Ohio State University after two years to become president of Worcester Polytechnic Institute.

The Amazon Climate Pledge Fund has pledged to invest more than $50m in female-led climate technology companies and has teamed up with USAID for the project.

Paragon Biosciences was part of Emalex Biosciences’ $250m series D while CMA CGM and AP Moller participated in an $80m round for Project44.

Databricks, Dell, HPE and Salesforce were all part of Alation’s $123m series E round while Alphabet took part in AMP Robotics’ $91m series C.

Sumitomo Corporation of Americas took part in ColdQuanta’s $100m series B round while Tesi provided $31.6m in series B funding for VoltAero.

Michael Connallon Jr is the new chairman of the Rowan Innovation Venture Fund, the freshly topped up venture capital arm of Rowan University.

Geely's subsidiary, GLy Capital Management of Hong Kong participated in Volocopter's $182m extended series E round, with Neom, the Saudi Arabia-based sovereign wealth fund leading the financing