Global University Venturing

Van Wensveen worked in commercialisation at Austrialian government research organisation CSIRO for more more than three years before joining the ventures fund.

He will be joining the Mussallem Foundation to work on treatment for children with congenital heart disease.

The federal cuts to science and research funding mean US universities are leaning more on spinout funds and tech transfer offices to generate income.

The pot of money will fund AI researchers as US universities face cuts to funding for science and research.

Gundi joins Northern Gritstone at a time of capital expansion at the investment company.

Oxford Science Enterprises has tapped the credit market to boost its capital as it anticipates an uptick in exits over the next few years.

Aviva has expanded into university spinout investing following an earlier investment in the University of Cambridge's affiliated fund, Cambridge Innovation Capital.

His background includes roles in strategy consulting, early-stage companies, venture capital and pharmaceuticals.

The investment fund aims to close the gap in funding for university ventures after the proof-of-concept stage.

London universities are among the most prolific in the UK for producing spinouts but unlike Oxford and Cambridge, have lacked a single, dedicated organisation to promote spinout investment.

UK universities have also reduced their average equity stakes to new a new low.