Fundraising

UCL eyes $126m second fund
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 mulls Japan-focused fund
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 business school launches venture fund
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.
CAS joins Guangzhou Finance for $144m fund
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 gathers $3.2m
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.
Universities hit Material Impact for $110m fund
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.
News round up 12 November 2018
A round up of all the latest news on globaluniversityventuring.com for our subscribers.
Waseda University to launch $17.5m fund
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.

Other News

Chicago rebrands innovation fund
UChicago Innovation Fund has been renamed to George Shultz Innovation Fund following a $10m donation in honour of the former Chicago Booth dean and US secretary of state.
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.
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.
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.
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.
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.

Editor's Picks

Big deal: OSI grows to $730m
University venturing fund Oxford Sciences Innovation has added an additional $290m to its assets as spinout Oxford Nanopore attracts another $126m in funding.
Big deal: MIT revs $150m Engine
Massachusetts Institute of Technology has unveiled an incubator that will provide funding, space and expertise to boost commercialisation activities on and off-campus.
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