The university-owned incubator is set to expand next year, after the ground floor reached capacity while demand for space has continued.

University of Arizona has spun out Lum.AI to commercialise an automated system for extracting relevant information from research papers and journals.

Stanford Graduate School of Business is among the investors in a $1.5m funding round for Upswing, which helps online students connect with their cohort.

The optical systems designer has received cash from the Parkwalk Opportunities Fund, approximately four months after being spun out of Oxford.

University College Dublin has launched legal proceedings against Applied Process, co-founded by two of its professors, for a stake in the company.

Cambridge Innovation Capital has released the numbers for its performance during the first half of the financial year, boasting a rise in its portfolio's fair value to $116m.

UC-RNT, an investment fund established by University of California and Ratan Tata, has contributed to a funding round for NestAway, whose shareholders already include Flipkart.

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

Medtronic, Novartis and SinoPharm are among the investors in a series B round for Harvard spinout Semma Therapeutics, which is working on a treatment for patients suffering from diabetes.