The Redbird Innovation Fund will fund spinouts emerging from the Hong Kong university.

The deep tech venture firm has surpassed its original goal by $50m and more than doubled its assets under management to $455m.

Venture firm 46VC’s Dickson & Main Fund I will invest in companies associated with the university or the local Arkansas ecosystem.

University of Tokyo’s third investment fund reached a first close with capital from Tokyu Land and the Tokyo Metropolitan Government.

The university’s new unit, which includes incubator, startup fund and brain trust, will be led by assistant vice president Joshua Espinosa.

James Chan, who holds a similar position at other funds, has joined the investment firm affiliated with the University of California.

Rich Lyons, current chief innovation and entrepreneurship officer at UC Berkeley, will become the university’s next chancellor on July 1.

Andrea Taylor, director of Strategic Partnerships at Edinburgh Innovations, will become interim CEO when George Baxter leaves for UC Davis at the end of the month.