Global University Venturing

Advanced battery developer Aceleron, which operates from Birmingham and Brunel universities, has been backed by the Midlands Engine Investment Fund.

The nine-figure renminbi sum follows a series A round of undisclosed size two years ago that was backed by THG Ventures.

GM&C Life Sciences Fund has stumped up an unspecified sum for Manchester digital health app spinout Clin-e-cal, which creates apps focused on respiratory conditions.

Hong Ma, professor of biology, has been appointed associate dean for research and innovation at Penn State’s Eberly College of Science.

Linköping solar cell manufacturing spinout Epishine has received money from backers including LiU Holding arm after previously securing backing from Chalmers Ventures.

Lund University spinout Xenergic has been backed by LU Holding to deliver power-saving technology for computer memory circuits.

Insurance firm Axa is among those backing ETH Zurich authentication technology spinout Futurae Technologies, which will use the capital for market expansion.

Medical diagnostics developer Drawbridge Health has secured capital from Kyoto University Innovation Capital thanks to a meeting at the GUV: Fusion conference.

Meatable has secured the backing of a range of VC investors to commercialise a cultured hamburger based on Cambridge and Stanford patents.

Partly based on Columbia University research, Modis is advancing treatments for rare diseases caused by dysfunction in cellular mitochondria.

Universities in Japan will be given the right to take long-term equity in spinouts as the government looks to improve availability of funding for homegrown research.