Fundraising

University of Liverpool, Liverpool John Moores and Liverpool City Council will launch the Sciontec Liverpool fund to drive works for the city’s $2.6bn Knowledge Quarter Liverpool project.

State lawmakers are considering plans to fund supports for Maryland’s cybersecurity and life sciences sectors administered by local economic development agency Tedco.

An undisclosed endowment has signed up to a $40m cryptocurrency-focused fund managed by Morgan Creek Digital Assets that will make seed-stage and token-based investments.

The fund has an annual budget of $400,000 and will complement two other schemes under the university Chancellor’s Fund for Innovation and Collaboration.

Rob Lavine, News editor for Global Corporate Venturing, reviews the trends in venturing from 2018

Third-party venture firm University of Arizona Venture Capital raised its first fund last year and has since backed five Arizona-linked businesses with an average cheque size of $2m.

Adelaide's ThincLab and University of New England's SRI AgTech incubators will receive $357,000 and $229,000 of government funding respectively.

The Stanford University-backed fund will halt new investments from July, seemingly as the accelerator reaches financial stability but in the midst of a legal battle.