FaceSoft has been officially spun out after winning $12,800 in proof-of-concept funding in a university business competition last year.

UPMC has contributed to a funding round for Xealth, which emerged out of Providence St. Joseph Health.

Harvard spinout eGenesis launched in 2015 in a bid to find a successful mechanism for transplanting pig organs into human beings.

Thunderbird Investor Network will connect ASU patrons to emerging companies and give business or management school students the chance to gain experience in venture capital.

Oncological treatment software developer Ziliomics has raised an undisclosed sum from Fight Against Cancer Innovation Trust, a commercialisation partner of OICR.

University of Pennsylvania will pour money into at least 10 Philadelphia-based biotech companies over three years and has already backed Tmunity, Carisma and Tycho.

SVLink will offer up to 27 companies access to funding, training and office space at the Silicon Valley Campus in Saint Clara.

IST Cube has contributed to a seed round for Prewave, an artificial intelligence spinout from TU Wien that will use the money to boost sales and marketing activities.

Karolinska Development has sold its remaining stake in BioArctic, which is based on research at Uppsala University and floated on Nasdaq Stockholm last year.