Global University Venturing

CIC and Parkwalk have returned to back patient-focused genomic analysis developer Congenica, bringing its funding total to $85m.

China-based financial services provider Ant Group, spun off by e-commerce group Alibaba, intended to float on the Shanghai and Hong Kong stock markets.

Stellenbosch attracted $1.7m for spinouts and pre-spinout projects from March until September 2020, including multiple contributions from UTF.

Ant Group, the financial services subsidiary of China-based e-commerce group Alibaba, was due to raise a targeted $37bn in a dual listing in Shanghai and Hong Kong but the mega-initial public offering was unexpectedly blocked by an intervention from financial regulators in Beijing at the eleventh hour.

Castor Ventures Fund took part in a round that will be used to strengthen Ayar's optical interconnector technology, which is based on MIT research.

Editor-in-chief James Mawson considers the long, risky and capital-intensive processes of scaling hardware companies.

CU Boulder-founded quantum technology developer ColdQuanta has attracted series A funding to follow a $16.8m seed round closed two years ago.

Sana Biotechnology has bought central nervous system therapy developer and portfolio company Oscine, which is founded on University of Rochester research.

The MIT Media Lab-focused deep tech venture firm is back with its second fund having secured $24.6m of a targeted $80m from unnamed investors.

The University of Aberdeen bone grafting spinout has been acquired after raising more than $4.8m from investors including Armourers and Brasiers.

Plug and Play has announced its first Africa-focused accelerator will form part of UM6P's innovation initiative in Morocco.