Fundraising

Evotec has partnered Bristol-Myers Squibb to launch another Bridge programme, this time focusing on the universities of Birmingham, Dundee, Edinburgh and Nottingham.

Saint-Gobain has contributed to Richland Capital’s third fund, which had already attracted Tsinghua Asset Management’s Redbud vehicle.

CSIRO-founded Main Sequence Ventures has pocketed $194m for its second fund, which has added decarbonisation to the firm’s list of targeted technologies.

University of California is among the limited partners for venture firm Congruent Ventures’ latest sustainability-focused fund that had a $125m target.

The University of Tokyo-backed carveout fund’s latest limited partners include corporates Daikin, Hakuhodo and Mitsubishi Estate.

Taiho has reupped its commitment to the second fund of Remiges, which focuses on spinouts of Japanese universities.

Consumer electronics producer Xiaomi intends to launch a new innovation research fund based at Tsinghua University.

Zigg Capital has collected $225m from limited partners including University of Chicago to invest in real estate technology developers.