Global University Venturing

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

The transdermal fluid removal spinout will aim for a close of at least $426,000 with another $99,400 from private investors.

Ultimately, those unwilling or unable to compete at the top end of creating market-leading companies risk effectively bringing a knife to a gun fight - they can win sometimes in some areas, but the chances might be against them.

Solar Foods is advancing VTT and LUT research as the basis for a wheat flour-like food protein product fermented using water, electricity and CO2.

OSU spinout Agility Robotics has raised $8m for robotic legs that are set to enhance the usefulness of robots for military or courier purposes.

Wyoming expects a new office for co-ordinating entrepreneurship to increase the number of viable startups linked to the institution.

Mythic, an AI chip developer that emerged out of UM, has closed a $40m round led by SoftBank Ventures that included another corporate venturing unit, Lockheed Martin Ventures.

Monsanto Growth Ventures has co-led the first round disclosed by Pairwise Plants, an agricultural gene-editing company based on Harvard University research.

Illumina Ventures has led a series A1 round for Cernostics, a cancer diagnostics company that has now raised $13m from backers including UPMC Enterprises.

Appulse Power, a spinout from University of Toronto, has been acquired by Silanna Semiconductor for an undisclosed sum.