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Page 109

UCEF IV binds to PolyProx

The Parkwalk-managed co-investment fund has supplied Cambridge cancer therapy spinout PolyProx Therapeutics with capital, augmenting a $4.4m seed round for the latter announced earlier this month.

May 20, 2019

Corporate venturing deal net: 13-17 May 2019

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

May 17, 2019

GripAble handles $669,000

ICL medical device developer GripAble has added funding from Triple Point Impact EIS Investment Fund to $198,000 of equity secured from investors including Oxford Technology Management in 2017.

May 17, 2019

Synaptec puts $3.7m in the grid

Power grid management technology developer Synaptec spun out of University of Strathclyde in 2014 and has now won support from the corporate-backed Foresight Williams Technology EIS Fund.

May 17, 2019

Blu Wireless pairs up $16.6m

Arm has returned to co-lead 5G network product manufacturer Blu Wireless's latest round after previously backing the Bristol spinout in 2017.

May 17, 2019

Locate Bio locks down $2.6m

The additional cash will allow University of Nottingham biomedicine spinout Locate Bio to advance two internal programs and support its collaborations with external partners.

May 16, 2019

Clevertar clutches onto $275,000

The board at Flinders University-founded medical avatar software platform Clevertar has agreed to pump in funding to clear the spinout's outstanding liabilities to creditors including the university.

May 16, 2019

Icometrix processes $18m

Icometrix developers brain imaging technology based on KU Leuven and University of Antwerp research to help assess conditions such as Alzheimer’s disease.

May 16, 2019

Qoala climbs to seed funding

MassMutual Ventures SEA, MDI Ventures and Central Capital Ventura have participated in the insurtech provider’s seed round sized at more than $1.5m.

May 15, 2019

NextStep Robotics drills $600,000

NextStep Robotics, which last raised funding in February 2018, is commercialising research from two University of Maryland campuses and the Baltimore Veterans Affairs Motor Performance Laboratory.

May 15, 2019
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