Global University Venturing

Osaka-founded Kringle has increased its round to $15.5m thanks to investors including OUVC in order to fund development of its rare disease treatments.

Several corporate investors backed the latest $250 round raised by data management platform developer Cohesity at a valuation of $2.5bn. The deal is part of the dynamic broader space of big data technologies which have captivated the attention of corporates over the past decade.

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

Telecoms innovation and management veteran Bill Payne has become science and technology lead at the Polsky Center for Entrepreneurship and Innovation.

Novo has backed automated molecule and material discovery business Kebotix, co-founded by former Harvard University professor Alán Aspuru-Guzik.

The radiotherapy developer, which is exploiting UChicago research, has now raised $264m in funding overall.

Huma has bought Surrey-founded wellness tracking app developer Biobeats to increase the number of digital biomarkers that underpin its services.

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

UC Berkeley-founded HVAC coating developer Nelumbo has added Utec to its investors as it boosted its series A round to $19.5m.

Duke University's endowment has supplied follow-on funding to Teamworks, which offers software for coordinating schedules within sports teams.

Disease diagnostics software provider Perspectum secured the return of Oxford and OSI to take its funding total to at least $41m.