Global University Venturing

The Ethereum scaling technology developer raised two rounds this year, having spun out of Princeton in 2018.

The Harvard spinout had raised $10m in seed funding from investors including Arch Venture Partners, but disappointing animal studies led the company to be wound down.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Harvard and MIT-linked Neural Galaxy has picked up $77m in a series A round led by existing shareholder 3E Bioventures.

E14 Fund has contributed to a series A for Overjet, having previously backed the company’s seed round.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Vanderbilt University has thrown its weight behind the investment analytics provider as it prepares to expand its offering into new customer segments.

MIT’s energy storage technology producer had secured an initial $200m tranche last month, with existing backer The Engine contributing to the round.

University of Michigan has further supported its spinout FlexDex Surgical with an investment in a series AA round through Mints and Michigan Biomedical Venture Fund.

The UCLA spinout was originally known as Cyan Robotics and has added $36m to its funding thanks to investors including Silicon Valley Bank.