Global University Venturing

Brooke Beier has been promoted to vice-president of Purdue's office of technology commercialization, having started there as a project manager in 2013.

Almi Invest and trade union Unionen have both returned with funding for Beactica, a drug discovery company based on Uppsala University research.

Air transit assistance system startup SkyRyse has accrued $25m in seed and series A funding from investors including Stanford University.

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

A month after Sutro closed an $85.4m series E round, the cancer drug developer, based on research at Stanford, has filed for a $75m initial public offering.

Uber has struck a strategic partnership on autonomous car research with Toyota, which featured a $500m investment from the auto manufacturer at a $72bn valuation.

KTH foot scanner technology spinout Volumental has secured cash from Forward VC, Walerud Ventures and Moor Capital after previously closing a seed round in 2014.

Epigenomics services provider Epinomics, co-founded by Stanford University faculty and alumni, has been bought by 10x Genomics in a transaction which enables StartX to exit.

Vertex Pharmaceuticals has led a series B round for Genomics, a spinout from University of Oxford that also attracted Oxford Sciences Innovation and IP Group.

Food chain monitoring technology developer TeleSense has secured University of California-backed Congruent Ventures as an investor.

DataChemist has spun out from Trinity College Dublin with support from University Bridge Fund to commercialise an analytics platform for disorganised data.