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Artwork assesses $100m fund
IISc Bengaluru-backed AI and Robotics and Technology Park is seeking approval from the Indian regulator to raise a $100m venture fund.
Investors queue to back Qbic III
UGent, VUB, UAntwerpen, UHasselt, ULiège, VITO and Imec are all among the partners of Qbic, which has raised $54m for its third fund.
NGT nets T3 and Hadassit as partners
NGT HealthCare II Impact Fund has raised a $92m fund with T3 and Hadassit joining as strategic partners.
Allied Minds considers sale
Having found itself fighting a resolution from Crystal Amber to remove chairman Harry Rein, Allied Minds is exploring its options for the future.
TMC transfers $50m to fund
Texas Medical Center has committed another $50m to its TMC Venture Fund, to be deployed over the next decade, adding to its original commitment of $25m in 2017.
Fiducia works out fund minutia
Tokyo University of Science Investment Management is among the limited partners of Fiducia Growth Tech Fund, which has now achieved a first close of $28.3m.
Quebec cues in $78m fund
Axelys and Investissement Québec will collaborate to deliver a new commercialisation fund called Eurêka.
Newton starts sowing second fund
Newton Biocapital’s first fund was instrumental in establishing four spinouts and it has raised $57m towards its $172m goal for its second vehicle.
UTokyo IPC achieves $221m close
University of Tokyo’s venture arm has reached a final close for its second fund thanks to commitments from 11 institutional investors including the institution itself.
Orange Grove to harvest Korean opportunities
Orange Grove Bio has partnered SV Investment to jointly source therapeutics in South Korea and the US and create spinouts.