A roundup of all the latest news on www.globalcorporateventuring.com for our subscribers.

Oregon launches VPRI fund
The VPRI Innovation Fund will invest between $25,000 and $75,000 at the proof-of-concept stage to drive commercialisation activities at University of Oregon.
Sitka absorbs $1.9m
Quark Venture and GF Securities have invested $1.9m in Sitka Biopharma, a spinout of University of British Columbia and Centre for Drug Research and Development.
Galecto collects $90m in series C
Bristol Myers-Squibb, Merck Group and Novo all took part in a $90m series C round for Galecto Biotech, which is commercialising research from Lund and Edinburgh universities.
Soul Machines to embody $20m series B
UniServices has committed $2m to a targeted $20m series B round through the Inventors Fund, with investors also including Daimler Financial Services.
ToolSense builds six-figure deal
The University of Applied Sciences Technikum Wien spinout has secured a six-figure sum from state-owned fund aws Gründerfonds and Segnalita Ventures.
Des Solutio finds its way out of Nova
Nova University Lisbon has established chemicals producer Des Solutio with the support of Frontier IP, making it the second spinout launched in Portugal by the commercialisation firm.
Arch to shape $600m fund
Arch Venture Partners has filed to raise its largest fund to date that would increase assets under management by the venture capital firm to $2.86bn.
Sharkey prepares for retirement
Neil Sharkey, vice-president for research at Penn State University, will retire on June 30, with a national search for a replacement launching immediately.
Hydrogen Energy Fund to yield $100m
Yield Capital, established by a Tsinghua University institute, has partnered Hyundai Motor to raise a total of $100m for a hydrogen-focused fund.
Strategic Education devises seed fund
SEI Ventures will invest in seed-stage companies and give startups the opportunity to pilot their technologies across Strayer University and Capella University.
UAB introduces $500,000 fund
Researchers at University of Alabama at Birmingham will be able to apply for up to $35,000 in funding to support the commercialisation of their inventions.
Invectys administers $17m series A
Institut Pasteur spinout Invectys will use the funding to advance a drug candidate for a type of leukaemia into a phase 2 trial.
Rowley resurfaces at BioScience Managers
Kate Rowley, formerly a director of IP Group with a focus on the healthcare sector, has joined investment firm BioScience Managers.
Lensabl zooms in on $3.7m
Rogue Venture Partners, whose largest limited partner is Oregon State University, has led a $3.7m funding round for Lensabl.
Nerx Biosciences targets $2.2m
IU Philanthropic Venture Fund has committed $500,000 to a $2.2m bridge round for Nerx Biosciences, based on research at Indiana University.
Oracle catches DataFox
Stanford-StartX Fund has exited business intelligence software provider DataFox in an acquisition of undisclosed size by Oracle.
UNC reaches $65m Pinnacle Hill
UNC-Chapel Hill has become the latest university to join forces with Deerfield Management and launch a $65m commercialisation fund.
Acera adds $5m to its coffers
Acera Surgical, a spinout of Washington University in St Louis, has raised an initial $5.1m out of a targeted $10m.
Argonaut enters JW Pharma’s orbit
Oxford spinout Argonaut Therapeutics has received $2.6m from JW Pharmaceuticals in return for a 25% stake.
In Ovo hatches series A
Leiden University has backed a series A round co-led by Evonik and VisVires New Protein.
Ariel initiates Innoging Medical
Ariel University spinout Innoging has made its public debut and will commercialise ultrasound technology that lets radiologists manipulate scans without the patient being present.
Orchard IPO bears $200m of fruit
UCL Technology Fund-backed gene therapy developer Orchard Therapeutics raised $200m in an offering that could possibly close at $230m.
Significant Capital to stand out with $36m
Significant Capital Ventures was officially launched this week to invest in seed-stage spinouts emerging out of five Australian universities.
SciArt designs $530,000 seed round
Idea Fund has provided seed capital for SciArt Software, a spinout of Wisconsin-Madison that has developed a weight reduction tool for engineering structures.