Global University Venturing

OpenIOLabs has been bought by diversified scientific research firm Cronin in a $615,000 all-shares deal.

The Tokyo Institute of Technology spinout has raised $10.1m to continue development of its medical robot that assist surgeons during delicate procedures.

The spinout will develop research on drugs that could one day shorten the lifespan of cancerous cells.

The Arizona spinout is searching for non-opioid painkillers that target sections of the nerve cell membrane thought responsible for pain disorders.

The University of Connecticut spinout has received $500,000 from state-owned firm Connecticut Innovations, and will now advance R&D on its protein-coated implant for eye diseases.

Stanford Engineering Venture Fund has backed a series B round for Kano, which will use the money to start selling its computer kits in the US.

Mercia Technologies has signed a partnership agreement with University of Edinburgh to help commercialise research emerging from the institution.

The Deakin University-backed accelerator has selected the first startups to join its program.

Spinouts developing products ranging from troubleshooting for quantum computers to energy efficient wifi devices will be supported by the innovation fund.