University of Tokyo will invest an initial $89m in the fund, which will also seek external limited partners.

Exploiting ETH Zurich research, Micreos is working on a clinical platform that enables the targeted killing of unwanted bacteria only.

MIT spinout Zylotech has been acquired by Terminus for an undisclosed amount.

Based on research at Deakin University, Li-S Energy has gone public on the Australian Stock Exchange after raising $25m in its initial public offering.

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

Humboldt State University has joined forces with UC Davis to create an incubator focused on agtech and biotech companies in northern California.

University of Rochester has rehired Harl Tolbert, currently with Pennsylvania State University, as associate vice-president of URVentures.

The Engine has returned once more to back a $30m round for Kytopen, having first invested in the MIT spinout in 2017.