Global University Venturing

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

The world’s number one incubator has been making a big impact since 2002, having supported more than 4,000 entrepreneurs that have raised more than $2.2bn between them.

Illumina, General Atlantic and Viking Global have supplied $70m for Ginkgo Bioworks, an MIT spinout that has now raised more than $789m altogether.

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

Q32 Bio has launched with $46m from investors including University of Colorado to target autoimmune and inflammatory diseases.

Cell sorting technology business Thinkcyte has closed an OUVC-backed series A round intended to progress its joint research and unlock an expansion into the US.

Lactips, a milk-based bioplastics spinout of Jean Monnet University formed by Pulsalys, has raised $14.5m in a funding round led by Bpifrance.

Gene sequencing corporate spinoff MGI Tech closed a $1bn series B round backed by IDG Capital and CPE Capital. The company offers an array of products, some of which have been used for Covid-19 detection and forms part of the promising space of genetics tech.

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

Tsinghua-founded autonomous driving software company Idriverplus has secured Hopu-Arm Innovation Fund for its series C1 round.

UTokyoIPC-aligned venture unit AOI I secured SMBC and Mitsubishi UFJ for an initial close intended to aid the generation of quality spinouts.