Global University Venturing

UCLouvain's Vives hopes to raise $55.4m altogether for a new VC fund targeting its spinouts and those of regional academic partners.

The Inserm spinout secured a $7.8m series B extension and boosted its portfolio with the acquisition of AVCare, a Satt Ouest Valorisation-allied business.

Stanford-StartX Fund-backed smart mattress manufacturer Eight Sleep has increased its total funding to almost $65m following a $40m series C round led by Founders Fund.

MIT-founded machine learning software development engine company Neural Magic picked up support from Comcast Ventures for its approach to executing ML models on commodity CPUs.

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

Guangzhou Kingmed has led a $31m series C round for genome sequencing company Yikon Genomics, which was spun out of Harvard University five years ago.

A write-down on WPCT's largest asset Industrial Heat has left the trust in breach of its own borrowing limit, sending shares spiraling 7.6% during Monday's trading.

UCSD-founded Shape Therapeutics has collected series A cash from NEA and CureDuchenne Ventures to progress its RNA gene editing technology.

David Snow has moved on from Texas Tech University to direct University of Arkansas's tech transfer operation.

Building on the work of University of Sydney researchers, Kira Biotech has raised $13.6m from investors including IP Group to progress antibodies for autoimmune diseases.

Industrial and technical products supplier TKH Group has picked up VTT-founded optical confocal imaging sensor company FocalSpec to enhance its portfolio of precision quality control sensors.