The university venture fund, backed by UZH Foundation and Novartis Venture Fund, has made its first investment in a University of Zurich spinout, Cutiss.

University of Minnesota has spun out CoreBiome, which will commercialise genomic and informatics technology aimed at the agricultural, environmental and healthcare sectors.

Cambridge Innovation Capital has led a series A round for Prowler.io, which uses artificial intelligence to predict complex interactions in dynamic systems.

Technical University of Munich spinout Lilium Aviation has closed a $90m series B round that included Tencent to support the development of its five-seat jet.

University of Melbourne and RMIT University have put their weight behind a new incubator and accelerator that is set to open in the city.

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

The University of Oxford spinout has filed for an $86.25m initial public offering in the US just three years after being founded.