The commercialisation firm generated a $50.3m pre-tax profit having seen off pressure over shareholder dividends and sold its stake in a Virginia Tech-founded space tech business.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

WSU neurodegenerative disease drug spinout Athira Pharma will put the proceeds towards phase 2/3 clinical testing of a treatment for Alzheimer's disease.

University of Chicago returned to contribute to a series B round for smart oven provider Tovala.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Circulating tumour DNA blood test developer Base Genomics has raised $11m to progress research out of University of Oxford.

OSI returned to back its inaugural investment Oxford Flow, which develops actuated pressure valves for industrial pipelines including oil and gas.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Illumina, General Atlantic and Viking Global have supplied $70m for Ginkgo Bioworks, an MIT spinout that has now raised more than $789m altogether.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.