Global University Venturing

Engineering and 3D design product firm Ansys has bought Cambridge-founded Granta Design and will offer the company's materials information products to its customers.

Yeshiva University has teamed up with Hebrew University of Jerusalem for a New York City incubator that will foster connections as part of its plans for an entrepreneurial “superhighway” with Israel’s ecosystem.

University of Cambridge’s affiliate patient capital fund has returned to take part in an $8.4m round for video content management platform Imagen after previously investing in 2014 and 2016.

Animal health product developer Bactana is advancing Cornell University research into probiotics that could lead to improved vitality for livestock including cattle, swine and poultry.

VetMedUni biopharmaceutical spinout Marinomed Biotech has secured a $3.4m payment from a strategic tie-up with Link Health Pharma, after pausing its IPO process in November 2018.

Oxford University Innovation reported a record $698m of funding for its portfolio businesses in a year which brought its total number of spinouts to more than 170.

Wren Therapeutics is commercialising Cambridge and Lund research into therapies for protein misfolding diseases, which include Alzheimer's and motor neurone disease.

The IP Group-owned fund management unit closed three university funds targeting Cambridge, Oxford and Bristol-linked companies last year.

Adelaide's ThincLab and University of New England's SRI AgTech incubators will receive $357,000 and $229,000 of government funding respectively.

A roundup of all the latest news on www.globaluniversityventuring.com for our subscribers.

The Stanford University-backed fund will halt new investments from July, seemingly as the accelerator reaches financial stability but in the midst of a legal battle.