Eriez is now the largest shareholder in Cardiff University-founded power fault protection technology spinout FaultCurrent, having previously invested a seven-figure sum.

Allied Minds chief executive Jill Smith has seemingly been forced from her position under pressure from activist investor Crystal Amber.

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

Stanford-StartX Fund joined others including Total Energy Ventures, Samsung Next and RATP Dev to back public transit management software publisher Swiftly.

Woodford Investment Management has reportedly disposed of its stakes in IP Group and Allied Minds, as its scramble to meet regulatory thresholds and redemption demands from investors in its Equity Income fund gathers pace.

Third Rock’s fifth vehicle will bid to form and invest in more promising biotech ventures to follow the likes of multiple spinouts, such as Johns Hopkins' Thrive Earlier Detection.

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

University of Buffalo and Buffalo Niagara Medical Science have cut the ribbon on a new $32m innovation program aimed at commercialising local medical research.

University of Memphis has joined regional entrepreneurship body Epicenter Memphis in a bid to spawn new spinouts anchored by postdoctoral research.

University of Bristol will launch the Unit DY and Unit DZ incubators to build on the success of the science-focused Unit DX hub in the city.