It takes a rare breed of person to go about raising $1bn for his debut venture capital fund targeting university spinouts while fighting a multibillion legal spat over alleged accounting improprieties, but then Michael Lynch, this year’s Global University Venturing 2013 Personality of Year, has never been shy of a battle.

While the fight around Lynch’s former start-up Autonomy continues, Lynch has raised £1bn ($1.6bn) for Invoke Capital, looking to apply the same thought process to UK spinouts that took…

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