Global University Venturing

Touchstone Innovations has contributed $4m to the round, which also included fellow existing shareholders Robert Bosch Venture Capital and Octopus Investments.

Medication Management Systems, a University of Minnesota spinout, has been acquired for an undisclosed sum.

The accelerator will focus on health and fitness technologies and is being support by Johns Hopkins University, University Maryland and others.

Datatron, which has developed a platform that allows companies to gain insight into complex historical and real-time datasets, has raised money from investors such as StartX.

NYU Ventures has contributed to a $1.5m seed round for Vidcode, co-founded by an alumna from the university.

Safran Corporate Ventures joined the fibre optic technology developer's existing investors for a $5.7m round that will support international sales.

The research collaboration agreement is the largest ever such deal signed by Purdue University.

Priscila Bala, formerly a director at Yale Entrepreneurial Institute, has joined Octopus Ventures.

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

Gencove has developed a genetic testing program that enables users to access services such as genome sequencing without requiring access to a lab themselves.