Asia
-

UTokyo IPC closes the ASA Fund, backs Red 1 Healthcare
UTokyo Innovation Platform has achieved a final close of its Academic Startup Acceleration Fund, and concurrently made an LP investment in the Red 1 Healthcare fund.
-

Entertech VCIF launches to back Turkish startups
The fund has been created by Entertech Istanbul Technopark, which is owned by Istanbul University and Istanbul University-Cerrahpaşa.
-

Hanoi targets first university spinout by year’s end
Hanoi aims to produce its first university spinout by year-end after the central government issued clear enabling regulations.
-

University of the Philippines Los Baños restructures innovation infrastructure
Haerold Dean Z. Layaoen will lead the new Office of the Vice Chancellor for Innovation and Enterprise Management at the University of the Philippines Los Baños.
-

Editorial: Sanae Takaichi’s election win risks impeding Japan’s spinout ambitions
The new Japanese prime minister’s anti-immigrant rhetoric risks cutting off Japanese university spinouts from global talent and markets.
-

University of Dubai launches deep tech fund
The AED100 million Dubai Tech X Fund will invest in deep tech and AI spinouts in an effort to bolster the regional innovation ecosystem.
-

IIMA Ventures launches the Aerospace & Defence Acceleration Fund
IIMA Ventures, the innovation arm of IIM Ahmedabad, has partnered with Jaivel Aerospace to create a fund that will back up to ten startups.
-

Hong Kong University of Science and Technology launches new fund
The Gobi-Redbird Innovation Fund has secured the backing of the government-owned Hong Kong Investment Corporation.
-

Malaysia puts spinout focus into state budget
Among the initiatives is a fund and a policy to allow faculty members to take a year-long sabbatical to commercialise their research.
-

Cambodia finalises national university IP policy
The Southeast Asian kingdom has unveiled a national IP policy for universities developed in collaboration with the UN and the EU.
-

Friday Five: VR glaucoma scans, heat-powered sensors, and 3D‑printing space trash into tools
Spinouts turn waste, thermal energy and VR tech into sustainable solutions for industry, space, and healthcare.
-

NUS Enterprise further expands VC ecosystem
The National University of Singapore’s innovation arm has partnered with SG Growth Capital and Lotus One to put more money into spinouts and funds.
-

Origgin Ventures targets Japanese spinouts with $30 million fund
The Singapore-based venture firm has set its sights on Fukuoka and is partnering with local investor Interuniversity Ventures to run the fund.
-

National University of Singapore commits S$150 million to venture capital initiative
NUS is putting a third of the money into existing VC firms, while the bulk will go into a new university venture fund.
-

Korea Institute of Science and Technology launches new innovation subsidiary
KIST Innovation will focus on the full spectrum of commercialisation, ranging from IP management to startup and corporate support to investments.
-

UTEC unveils Fund 6, reaches AuM of more than $1 billion
University of Tokyo Edge Capital Partners has raised ¥47 billion ($326 million) for its sixth fund, its largest to date.
-

Friday Five: Apate, Cosma, Licovolt, pHydrogen, ScoutinScience
The Friday Five series provides a weekly insight into innovative early-stage spinouts that are making a significant impact in their fields.
-

Moran Zilbershtein joins TAU Ventures as general partner
TAU Ventures, the university venture fund of Tel Aviv University, has brought in Moran Zilbershtein as a general partner.
-

Ulsan National Institute of Science and Technology gains ₩12 billion fund
The fund was created by the Ministry of SMEs and Startups and Korea Venture Investment, with the South Korean government providing half of the capital.
-

Friday Five: Astratus, Hirundo, Lembas, OrisDX, and Somnee
We take a look at some of the early-stage spinouts that caught our eye. This time: Astratus, Hirundo, Lembas, OrisDX and Somnee.
-

Kanazawa University achieves close for Vision Incubate
Vision Incubate, a venture firm wholly owned by Kanazawa University in Japan, has closed its VI-1 fund with ¥2 billion thanks to LPs including UTokyo IPC.
