Oxford Science Enterprises now has just over $1bn under management and already boasts a portfolio of more than 80 University of Oxford spinouts.
IP Group has established Kiko Ventures to build out its existing $215m cleantech portfolio and will invest $245m over the next five years.
Just one week after investing in University of Melbourne’s Genesis Pre-Seed Fund, Breakthrough Victoria has unveiled plans to create funds with more local universities.
Ascenion and Goethe University Frankfurt are among the initiators of Carma Fund I, which will help start up and fund early life science projects.
Tin Alley Ventures and Genesis Pre-Seed Fund will have a total of nearly $81m at their disposal to invest in University of Melbourne’s innovations.
The research institute has been joined by limited partners ranging from Philips to Brabantse Ontwikkelings Maatschappij, with a minimum target size set at $107m.
Okinawa Institute of Science and Technology has partnered Lifetime Ventures to raise a deep tech-focused fund with a target size of $40m.
The investment company set up by the universities of Manchester, Sheffield and Leeds has achieved a first close of $268m.
Berkeley Frontier Fund will provide growth-stage funding to companies emerging out of the University of California campus, and has already made four investments.
Osage University Partners is looking to secure $350m for its fourth fund.
Hostplus has invested an additional $56m in the IP Group Hostplus Innovation Fund, having previously committed $99m.
Ted Yamamoto has been named general partner of Waseda University Ventures, having already served as adviser to Waseda’s Office of the President since last summer.
VIB-backed venture capital firm V-Bio Ventures has reached the final close of its second fund and hired Shelley Margetson as managing partner.
Big Idea Ventures has added another five university partners to its Generation Food Rural Partners fund, ranging from Cornell to Washington State.
Dominique Mégret has exclusively revealed to Global Venturing that the unit closed its fourth main fund in July, with 75% of the capital coming from external limited partners.
With three investments already in the pocket, Klima is set to back a wide range of energy transition startups.
The Deutsche Telekom spinoff’s Growth Equity III Fund has completed a $300m first close backed by its former parent company as well as SoftBank.
David Clouse, a GCV Emerging Leader this year while at BP Ventures, will lead EIC Rose Rock, a $50m fund backed by Devon Energy, Onoek and Williams.
Global University Venturing is a quarterly magazine and website written for and about universities taking stakes in the spinout companies of staff and students. We help universities to share best practice and to connect with each other, with investors and with other useful parties in the innovation ecosystem. Our aim is to help improve the processes of bringing innovations from academia to the market and facilitate their integration into the business ecosystem.
