Fundraising

University College London hopes to generate as much as $126m for its second Technology Fund, with British Business Bank thought to be among potential limited partners.

Tsinghua’s Tus-Holdings is weighing up a venture capital fund as part of a $584m push into Japan’s artificial intelligence, fintech and robotics sectors.

USC Marshall Venture Fund has been launched to back university-linked companies and train business students with the aid of a 17-person investment committee.

Research from Chinese Academy of Sciences will benefit from a vehicle backed by the government of Guangzhou in areas including intelligent manufacturing and energy efficiency.

Frontier IP sold $3.2m through a placement to new and existing backers as it announced its portfolio value had risen 34% year-on-year.

Unnamed university endowments have put funding into Material Impact’s inaugural vehicle, which will incubate materials businesses including spinouts in industries such as energy, transportation and healthcare.

A round up of all the latest news on globaluniversityventuring.com for our subscribers.

The university venture fund, once established, will be the first of its kind for Waseda University and will be raised in partnership with Well Investments and Beyond Next Ventures.