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News roundup 8 October 2018

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

Oct 8, 2018

Waterloo slams Salient Energy with lawsuit

University of Waterloo is suing its grid battery manufacturing spinout Salient Energy, which it claims must sign back IP rights due to a misapplication of its tech transfer policy.

Oct 5, 2018

Navigen navigates path to $1.5m

Peptide-based drug developer Navigen has been backed by University of Utah-based student venturing fund UVF II in its first equity round.

Oct 5, 2018

Fusion pipes in $8m series C

University of Michigan's manufacturing coolant spinout Fusion Coolant Systems has been backed by the institution's Mints fund, taking its total to $9.9m.

Oct 5, 2018

Strivr arrives at $16m funding round

Virtual training software provider Strivr increased its total funding to more than $23m, having been incubated in partnership with Stanford’s Virtual Human Interaction Lab.

Oct 5, 2018

Memetis meets KIT for funding

KIT-founded valve actuator manufacturer Memetis has received capital from the university and HTGF to help expand development and production.

Oct 4, 2018

WSU biomedical projects seal Mtrac funding

Five US-based biomedical projects at Wayne State University have received Mtrac funding to pursue goals including better immunotherapy and new antibiotics.

Oct 4, 2018

StartX nurtures Kinedu in series A round

Stanford-StartX Fund has invested in childhood development app creator Kinedu, which counts childcare provider Advenio among its early backers.

Oct 4, 2018

Aceleron recharges with $195,000

Advanced battery developer Aceleron, which operates from Birmingham and Brunel universities, has been backed by the Midlands Engine Investment Fund.

Oct 4, 2018

Bellen sells investors on series C round

The nine-figure renminbi sum follows a series A round of undisclosed size two years ago that was backed by THG Ventures.

Oct 4, 2018
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