The commercialisation firm has secured the approval of more than 90% of shareholders required to force a hostile takeover of Touchstone Innovations.

Oxford Sciences Innovation has received an investment of undisclosed size from Legal & General.

CureFit Healthcare has raised funding from investors including the UC-RNT fund, a venture capital vehicle established by University of California with Ratan Tata.

Imperial College London and Imperial Innovations have introduced Founders Choice, a program that offers academics the option to retain 95% of equity.

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

The underwater drone developer, a spinout of University of Tsukuba, raised the funding in a Beyond Next Ventures-led round that included several corporates.

Yahoo Japan has led a series B round for the University of Oulu spinout, which uses geomagnetic activity to detect a object's location in a room.

University of Massachusetts Medical School spinoff Apic Bio has raised seed capital from The Alpha-1 Project as it looks to develop a treatment for Alpha-1 Antitrypsin deficiency.

Stanford University, one of the investors in hyperconvergence software provider Springpath when it came out of stealth, is set to exit the company.