Global University Venturing

The university is looking to widen funding further by engaging with corporations and global accelerator programmes such as TechStars.

The Venture Builder Incubator is part of Edinburgh Innovations, the university's commercialisation service.

The university provides seed and early-stage funding to its spinouts.

The US Ivy League institution has had some recent successful exits of life science spinouts.

University funds have been proven to increase the rate of spinout creation, and many institutions, especially in Asia, are setting them up to help accelerate commercialisation of their research.

Several companies originating in academic labs were acquired this year in billion dollar plus transactions.

Japan has a strong network of university-affiliated funds. These are now looking to back corporate carve-outs, too.

The US academic institution is one of a growing number of universities in the country to set up funds to finance companies based on academic research.

The Society for Innovation and Entrepreneurship, an incubator for IIT Bombay, formed the fund to fill a gap in investment for early-stage deep tech.

The founders of University2Ventures previously headed the pre-seed fund that was part of European VC Earlybird.

The new fund will support research that the university says drives solutions to complex societal and economic challenges.