Amadeus V Technology Fund has closed with $153m in funding, having already backed multiple spinouts.

Saint-Gobain has contributed to Richland Capital’s third fund, which had already attracted Tsinghua Asset Management’s Redbud vehicle.

CSIRO-founded Main Sequence Ventures has pocketed $194m for its second fund, which has added decarbonisation to the firm’s list of targeted technologies.

University of California is among the limited partners for venture firm Congruent Ventures’ latest sustainability-focused fund that had a $125m target.

Deerfield Management has added Empire Discovery Institute to its ever-growing roster of partners for its drug discovery engine.

The venture capital firm specialises in backing spinouts and has already celebrated an exit with the flotation of Amsterdam UMC’s Lava Therapeutics.

The University of Tokyo-backed carveout fund’s latest limited partners include corporates Daikin, Hakuhodo and Mitsubishi Estate.

MaC Venture Capital has raised its inaugural seed fund thanks to limited partners including University of Michigan and Howard University.

Taiho has reupped its commitment to the second fund of Remiges, which focuses on spinouts of Japanese universities.

Consumer electronics producer Xiaomi intends to launch a new innovation research fund based at Tsinghua University.