The venture fund officially launched at the end of last month, having already invested in five companies linked to University of Washington.

The CSIRO-linked venture firm has obtained additional capital from the Australian government less than a year after launching its second fund with an initial $194m.

The newly launched investment company will exclusively co-invest in spinouts from UCPH.

Porter Alliance for Innovative Medicines will be equipped with $130m to advance research from Stanford’s Innovative Medicines Accelerator.

Nestlé is throwing its weight behind the Eureka Fund, a vehicle focused on spinouts from 27 research centres and universities across Italy.

Three years after its launch, Tel Aviv University-linked TAU Ventures has raised $50m for its second fund, with the potential to increase it to $70m.

The final amount raised for the PSV Tech01 fund is $10m above the DTU-linked venture firm’s initial target.

The TU Munich-linked venture capital firm has increased its third fund by more than $100m after launching it nearly a year ago.

The Redbud Capital-backed new materials-focused vehicle has attained its target, more than a year after a first close.

Andreas und Thomas Strüngmann, two of Germany’s richest investors, have committed $29m to help expand TU Munich’s tech transfer operation.