Global University Venturing

Paul Ashley and Brendan Ludden will be responsible for life sciences and physical sciences, respectively.

Touchstone Innovations has doubled down in its efforts to prevent a hostile takeover by rival IP Group, saying the updated offer continues to undervalue the firm.

StartX has contributed to a $20m series A round for UnifyID, the operator of an authentication platform that has now secured $23.4m.

AngelMD has put an undisclosed amount into Otomagnetics, a developer of a magnetic injection delivery system based on research at University of Maryland, College Park.

The bankrupt saltwater electrolyte battery developer had raised $190m in financing since it was spun out from Carnegie Mellon eight years ago, but was bought for less than $9.2m.

The Zell Lurie Founders Fund, the student-led investment vehicle of University of Michigan, has committed capital to brain-computer interface technology developer Neurable.

Following a rebranding exercise in February, Oxford University Innovation has now completed the spinning out of its consultancy arm Oxentia.

University of Missouri System is part of a public-private partnership, led by Ameren, that has created an accelerator aimed at energy technology startups.

IP Group has returned to back another funding round for Zeetta Networks, a software-defined networking technology developer based on research at University of Bristol.