David Wise has been appointed director of the Maryland Momentum Fund, a $25m vehicle that supports companies emerging from University System of Maryland.

Hong Kong X Technology Fund was established to support participants in an accelerator co-founded by professors from HKUST and University of Hong Kong.

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

Cuorips, a spinout from Osaka University, has sold an option right for the commercialisation of a treatment for severe heart failure to Daiichi Sankyo in return for an undisclosed sum.

University of Plymouth has launched Vaccine Group, a vaccine developer based on research by Michael Jarvis, associate professor in virology and immunology.

Institute of Science and Technology Austria has joined forces with Lansdowne Partners to establish a seed fund primarily aimed at spinouts domestically and internationally.

CWRU spinout Neuros Medical has raised $20m in a series AA round backed by Osage University Partners.

Jason Salstrom will direct the Purdue@WestGate initiative to boost tech transfer and spinout generation.

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

Ultralinq has acquired Intelesens, a wearable device manufacturer spun out from Ulster University in 2001.