Venture Fund
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Asabys launches €74.7m fund for Spanish spinouts
The fund is backed by the EIF and the Spanish government’s Innvierte, which already backed two other spinout investment vehicles this year.
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CapeHaven reaches for Yale spinouts with $10m
CapeHaven has launched as a biotech venture creation platform with a goal to raise $10 million that it will use to commercialise Yale research.
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Lansdowne Partners unveils $150m spinout fund
The fund is targeting a $200 million close by December, and already counts the British Business Bank, Aviva Investors, and Lloyds as LPs.
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SMU launches $10m urban sustainability fund
The Urban SustaInnovator Fund will back companies going through SMU’s accelerator programme for urban sustainability.
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Graduate Ventures launches €80m fund, expands to more universities
Three Amsterdam institutions are among the new partners for Graduate Ventures, which is also expanding to Eindhoven.
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Simon Fraser University launches C$20m SFU Innovates Venture Fund
Simon Fraser University is the second institution in as many months to partner with InBC Investment to launch a university venture fund.
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Johns Hopkins startups get $50m boost
The WP Carey Foundation is committing $50 million to the Johns Hopkins Carey Business School to support the launch of more IP-backed startups.
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Colorado School of Mines launches Mines Venture Fund II
The Mines Venture Fund II will invest $10 million in spinouts and startups, with half the capital coming from the state.
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KfW Capital backs UVC Partners’ growth fund
KfW Capital has backed the UVC Growth Opportunities Fund II, which achieved a first close of €77 million in March.
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UNIST is accredited as a VC firm, now able to raise large funds
Ulsan National Institute of Science and Technology’s UNIST Technology Holdings has already been selected as the manager of a ₩12 billion fund.
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Ground State Ventures raises $88m, doubles down on quantum globally
Formerly known as QDNL Participations, the firm focuses on quantum technology developers that it sources primarily from university labs.
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Alumni Ventures expands into Japan with UTokyo IPC-backed fund
UTokyo Innovation Platform has partnered with Alumni Ventures to launch the Alumni Ventures Japan+US Bridge Fund.
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Northern Gritstone boosts coffers with £20m as part of rolling close
The British Business Bank has committed another £10 million to Northern Gritstone, which now has £382 million under management.
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Turbine Capital secures funding from EIF
The money is coming through the EIB Group’s TechEU financing, and adds SEK170 million to Turbine Capital’s coffers.
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ET Capital doubles down on Oxbridge
Having launched a first fund focused on Cambridge in January, ET Capital has quickly followed this up with a second fund aimed at Oxbridge.
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Taaleri buys majority stake in Nordic Science Investments
NSI’s management is selling a 51% stake in the spinout investment firm, which has a €45 million first fund.
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University of Mississippi plans to raise a spinout investment fund
As a growing number of R1 universities in the US add venture funds to their arsenal, Ole Miss is looking to do the same.
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UC Davis launches another fund in biotech push
The fund, unveiled together with the Aggie Venture Accelerator, will be managed by early-stage venture capital firm The March Group.
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JIC launches CZK400m fund to back startups across CEE
JIC was founded by four universities in Czechia’s South Moravian Region in 2003 and first began investing in 2015.
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Empirical Ventures pockets another £10m from British Business Bank
The British Business Bank’s commitment has now reached £15 million, and will allow Empirical Ventures to back more venture scientists.
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Kobe University Capital launches ¥6bn fund backed by UTokyo IPC
UTokyo Innovation Platform’s ASA Fund is now a limited partner in the KUC2 Fund, which will not just invest but also build spinouts from scratch.
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IP Group launches A$50m climate tech fund
IP Group and CEFC have launched the A$50 million Climate Catalyst Fund to accelerate Australian cleantech innovation in hard-to-abate industries
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Ysios launches €100m fund to fuel Spain’s biotech spinouts
Ysios Capital’s InceptionBio fund will build and invest in biotech spinouts across Spain to establish the country as a life sciences hub.
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HIC Fund I bets ¥1.19bn on Hiroshima spinouts
Hiroshima’s university ecosystem receives a ¥1.19 billion boost from the HIC Fund I, managed by Hiroshima Incubation & Capital, to nurture local spinouts.
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Penn launches $200m fund to drive engineering spinouts
The University of Pennsylvania has established its third fund in just four months, this time targeting startups from the School of Engineering.
