Global University Venturing

Hannover Medical School chip cytometry spinout Zelkraftwerk has been bought by Canopy Biosciences, providing an exit for tech transfer company Ascenion.

Katherine Ku has taken on a board position at University of Utah Research Foundation in addition to her existing appointment as chief licensing adviser at Wilson Sonsini Goodrich and Rosati.

Tom Risch has been appointed permanent executive director and vice-provost for research and tech transfer for Arkansas State University’s branch of the Arkansas Biosciences Institute.

Needing to solve its debt predicament before the end of this year, Karolinska Development has launched negotiations with its largest convertible note holder, Sino Biopharmaceutical.

Tsinghua University has become the first Chinese mainland institution to top the Times Higher Education’s Asia University Rankings, forcing National University of Singapore into second place.

Exosome therapeutics developer Codiak BioSciences, exploiting technology developed by researchers at the universities of Gothenburg and Texas, is eyeing up to $86.3m in an IPO.

Motus, which backs spinouts from a range of universities and research institutes, has secured cash from unnamed investors for its Smart World Innovation Fund.

Scottish Investment Bank and Innovate UK were among those backing University of Strathclyde brain cancer diagnosis spinout ClinSpec Diagnostics.

University of Hawaii System’s UH Ventures will participate in a fund of undisclosed size in support of an aquaculture-focused accelerator that will welcome its inaugural cohort this autumn.

The 12-week medtech and digital health accelerator is also being supported by medical care provider Hartford HealthCare and will onboard its first ten startups in June 2019.

Sohaib Mir has earned a promotion to principal having joined Cambridge Innovation Capital to provide business expertise in the life science space in 2014.