IP Group put up $5.4m for Cambridge fraud detection spinout Featurespace’s latest round to bring the company’s overall funding haul to $70.9m.

Telematics system developer and MIT spinout Cambridge Mobile Telematics has raised $500m from Vision Fund that will be used for product development.

Ikove Venture Partners has launched a $10m venture capital vehicle to help spawn spinouts based on projects at Ohio universities.

Tsinghua’s Tus-Holdings is weighing up a venture capital fund as part of a $584m push into Japan’s artificial intelligence, fintech and robotics sectors.

Legend Holdings has backed the insurance brokerage whose existing shareholders include Tsinghua Holdings and Fosun.

Plekhanov Russian University of Economics and Bitfury will pilot the program with Russian government funding in the latest of a series of blockchain-related projects announced by higher education institutions.

IBM Blockchain Accelerator will focus on later-stage startups, while Columbia Blockchain Launch Accelerator has been established for pre-seed companies.

Backed by Stanford-Start X Fund and a trio of corporates, Poynt has now received more than $128m in total for its payment processing terminal and software business.

Crowdfunding platform Readyfor has unveiled its first funding round, with investors including Globis, since launching from the wings of Tokyo internet services spinout Ohma in 2014.

University of Minnesota is part of a list of limited partners that provided $150m for Brazil-based venture firm Monashees to close its eighth fund.