Artificial Intelligence
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Mila partners with Inovia Capital for Venture Scientist Fund
The fund, in development since October last year, will invest in early-stage AI technologies and physical infrastructure developers.
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IIT Bombay creates ₹2.5 billion Y Point Venture Capital Fund
The Y Point Venture Capital Fund will primarily invest in early-stage, deeptech IIT Bombay spinouts, but also back startups from other institutions.
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U2V launches €60 million fund targeting European spinouts
University2Ventures has been set up by the partners of Earlybird X, which launched in 2021 to similarly invest in university spinoffs.
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Fudan University launches two funds, worth a combined $242 million
The Chinese university has set up a CN¥1 billion fund and a $100 million vehicle in order to significantly bolster its innovation ecosystem.
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Polytechnique Ventures secures €21 million for second fund
The École Polytechnique-aligned fund has a final target of €30 million to €40 million, which would roughly double its assets under management.
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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.
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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.
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Mila explores the launch of a venture fund
The AI-focused research institute in Quebec has brought in corporate VC expertise to help develop the fund.
