Global University Venturing

Underwriters have exercised their over-allotment option in full, increasing the University of Pennsylvania-linked genetic medicine developer’s proceeds by $32.4m.

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

Losses at the commercialisation firm fell to $105m from $375m as its cash returns exceeded funding commitments for the first time in 13 years.

The university's endowment has backed Ecosystem Integrity Fund's fourth sustainability-oriented vehicle, slated to raise $200m at close.

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

George Health Enterprises and its subsidiary George Medicines have raised a combined $35m in funding from investors including Bupa Australia to drive pipeline development and commercialisation.

Harry Rein has been promoted to Allied Minds board chairman in the latest twist in the commercialisation firm’s leadership saga.

The vehicle will back early-stage life sciences proposals from Utrecht province with support from both UMC Utrecht and Utrecht University.

Cash Capital portfolio company VIPioneers has closed on series A2 funding in the run-up to mass-production of its autonomous coalmine transport system.

Imperial College London has opened a new funding stream for its early-stage research with the launch of its Parkwalk Advisors-managed Innovation Fund.

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