Global University Venturing

Spin Transfer Technologies has completed a $22.8m bridge facility after receiving commitments worth $10.3m to add to $12.5m from commercialisation firm Allied Minds.

United Therapeutics has invested in the transplanted organ monitoring system developer as part of a collaboration agreement.

SolidEnergy, a battery technology spinout of MIT, has received $34m from undisclosed investors, taking its total funding above $50m.

Collibra, a data governance software spinout of VUB, has closed a $58m series D round to accelerate its expansion plans and product development.

University of Chicago's ClostraBio has won support from two university funding initiatives for its food allergy medication.

Water purification technology developer Acuva will use the funding to expand its manufacturing base and develop additional products for global markets.

The food allergy medicine spinout from UChicago has been backed by the institution itself in a $3.5m seed round.

FluroSat has also received funding from cotton industry-focused public-private partnership CRDC for its remote crop imaging platform.

The Cambridge genomics spinout has secured $5.4m in additional series A funding from drug maker Taiho Pharmaceutical.

KBP Biosciences, which is developing drugs for disease areas of unmet need, raised the series A funds from investors including Cash Capital.

GUV looks back on the highlights of 2017 and talks to some of the people who have driven the ecosystem forward.