The investment company set up by the universities of Manchester, Sheffield and Leeds has achieved a first close of $268m.

Berkeley Frontier Fund will provide growth-stage funding to companies emerging out of the University of California campus, and has already made four investments.

Osage University Partners is looking to secure $350m for its fourth fund.

Hostplus has invested an additional $56m in the IP Group Hostplus Innovation Fund, having previously committed $99m.

Ted Yamamoto has been named general partner of Waseda University Ventures, having already served as adviser to Waseda’s Office of the President since last summer.

VIB-backed venture capital firm V-Bio Ventures has reached the final close of its second fund and hired Shelley Margetson as managing partner.

Big Idea Ventures has added another five university partners to its Generation Food Rural Partners fund, ranging from Cornell to Washington State.

University of California, Berkeley’s accelerator has picked up $60m for its second fund, less than two months after the programme launched a European presence in Italy.

UniSuper is putting more than $56m into Uniseed, marking the superannuation fund’s first major foray into venture capital.

The deep tech venture fund linked to Imec has raised $166m for its second fund, more than halfway to its $277m target.