Multi-university-backed incubator Cicada Innovations has lost its chief executive and managing director Petra Andrén, who has decided to spend more time with her family.

4Gene is advancing TUM research into exploiting plant-derived glucosides as flexible triggers for releasing flavouring and aromas.

Danone Manifesto Ventures and ADM Ventures both took part in a series A round for the Montana State University-backed Nasa spinout, which is developing edible proteins.

Cytonus Therapeutics has spun out of UC San Diego to develop cell-based containers for the effective release of therapeutics including cancer drugs.

VetMedUni biopharmaceutical spinout Marinomed Biotech has completed its IPO to attain a market cap of $109m.

The funding takes Istesso’s latest round to $13m as the company continues clinical trials on an immunometabolic drug licensed from an Aberdeen spinout in 2007.

Impact investment unit TSEF has appointed Lara Metcalf to direct the investment strategy of its third fund focused on financial, health and human services technologies.

MIT has launched an as-yet unnamed spinout to develop a smart drug-delivery pill to help plan more effective treatment regimens for patients.

A roundup of all the latest news on www.globaluniversityventuring.com for our subscribers.

Incubated at Indian Institute of Science, Simyog has been backed by Robert Bosch for software that helps automotive parts manufacturers test for electromagnetic interference.