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Global University Venturing

Modvion envelops $548,000

Modvion was founded with support from Chalmers Ventures and will collaborate with Chalmers University of Technology to construct a prototype wind electricity tower made from laminated timber near Gothenburg.


May 17, 2019

GripAble handles $669,000

ICL medical device developer GripAble has added funding from Triple Point Impact EIS Investment Fund to $198,000 of equity secured from investors including Oxford Technology Management in 2017.

May 17, 2019

Synaptec puts $3.7m in the grid

Power grid management technology developer Synaptec spun out of University of Strathclyde in 2014 and has now won support from the corporate-backed Foresight Williams Technology EIS Fund.

May 17, 2019

Verv orchestrates $8.3m

SetSquared Bath-affiliate Verv has secured backing from investors including Centrica as it continues the roll-out of its smart energy hub and peer-to-peer trading platform for renewable electricity.

May 17, 2019

Blu Wireless pairs up $16.6m

Arm has returned to co-lead 5G network product manufacturer Blu Wireless's latest round after previously backing the Bristol spinout in 2017.

May 17, 2019

UTS reads out Longas Technologies

DNA sequencing spinout Longas Technologies has been working away from public view since 2015, having secured cash from the Medical Research Commercialisation Fund as well as its own founding team and directors.

May 17, 2019

Reconstruct puts together $7.7m series A

Building works analytics software developer Reconstruct spun out of University of Illinois at Urbana-Champaign in 2016 and has now raised $10.1m of capital altogether.

May 16, 2019

MDMetrix jots down $3m

Seattle Children’s EHR management software publisher MDMetrix has now raised $4m in all following a seed round backed by the investment arm of Washington Research Foundation.

May 16, 2019

Red Sea Farms fishes out $1.9m

Kaust-founded crop growing technology developer Red Sea Farms secured the capital from Kaust's Innovation Fund and the latter's strategic co-investment partner Research Products Development Company.

May 16, 2019

Locate Bio locks down $2.6m

The additional cash will allow University of Nottingham biomedicine spinout Locate Bio to advance two internal programs and support its collaborations with external partners.

May 16, 2019

Clevertar clutches onto $275,000

The board at Flinders University-founded medical avatar software platform Clevertar has agreed to pump in funding to clear the spinout's outstanding liabilities to creditors including the university.

May 16, 2019

Icometrix processes $18m

Icometrix developers brain imaging technology based on KU Leuven and University of Antwerp research to help assess conditions such as Alzheimer’s disease.

May 16, 2019
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