Two British universities have received multimillion-dollar gifts this week, reports the Daily Telegraph, signaling a promising start to their capital campaigns.

The University of Oxford has received $50-million from Michael Moritz, a partner at Sequoia Capital, a venture-capital firm in California, and Harriet Heyman, a writer and former journalist with The New York Times. That university recently announced its campaign to raise about $2.5-billion.

Ros and Steve Edwards, who made millions through the sale of their software company, gave $60-million to the University of Cambridge, which is currently seeking about $2-billion in its campaign.

Read more about British philanthropy in The Chronicle.

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