Global University Venturing

The tea product supplier has become the fourth business backed by University of Maryland Momentum Fund.

Bristol quantum computer security spinout Kets Quantum Security has won investment from Kx Systems after joining the corporate-backed Teac communications accelerator last year.

University College London hopes to generate as much as $126m for its second Technology Fund, with British Business Bank thought to be among potential limited partners.

ANU wildlife monitoring spinout Wildlife Drones previously turned to a Csiro-run accelerator to help get its drone-powered animal tracking system off the ground.

A total of 28 participants will receive up to $12,650 of capital to support business proposals in spaces including healthcare, fintech, fashion and retail.

IP Group has poured more funding into Istesso, whose treatment for rheumatoid arthritis traces its roots to an Aberdeen spinout, to drive immuno-metabolism therapies for autoimmune diseases.

Spun out of UC Berkeley research, Magnetic Insight is commercialising an in vivo molecular imaging technology that operates by applying magnetic fields to iron oxide tracers.

Scott Henderson has become Purdue Research Foundation’s chief entrepreneurial officer to guide through ecosystems at Purdue projects such as the Discovery Park research district.

Kaust-founded solar panel cleaning technology developer Nomadd Desert Solutions has gained funding and a strategic alliance with grid project developer Cepco.

UTokyo Innovation Platform has backed a $22.8m investment round for Axelspace that will fund the launch of the Tokyo spinout's latest satellite.

Uniseed has returned to back Csiro digital health spinout Cardihab after an earlier round which also raised $1.4m in 2017.