Global University Venturing

Exosome therapy developer Codiak Biosciences – based on research at Gothenburg and MD Anderson Cancer Center – has filed to raise up to $100m.

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

UTokyo Innovation Fund has signed up to a new incubator that will form companies commercialising university-industry collaborations.

TU Munich's wind farm IoT spinout Fos4X has been acquired by PolyTech, providing an exit tothe university's venture capital affiliate UVC Partners.

Wu Capital has led a series A round for Korro Bio, whose RNA editing technology was developed at UChicago-affiliated Marine Biological Laboratory.

The French government has released an additional $21.5m in funding to the tech transfer office, which concurrently restructured its shareholding structure.

Stanford University is set to exit video telematics system developer SmartDrive, which has agreed to be purchased after raising at least $265m.

University of Utah's drug discovery technology producer has raised series D funding to increase its post-money valuation to some $1.2bn.

U-M Tech Transfer generated a record number of spinouts for a second consecutive year but reported less funding for its portfolio.

Fluke has added to $30m of series C capital raised by University of Michigan and Virginia-founded Everactive last year.

PMV Pharmaceuticals – built on foundational work at Princeton – will use some of the proceeds to complete phase 1 trials of its lead asset.