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Global University Venturing

News roundup 20 June 2016

The news roundup for the week ending 17 June 2016.


Jun 17, 2016

Woodford ups Imperial Innovations stake

Woodford Investment Management increases its stake in Imperial innovations to 21% with a $16m investment.

Jun 17, 2016

Hexislab puts on $173,000

Finance for Business North East invests $173,000 in Hexislab, a company using machine learning to identify compounds for skincare.

Jun 16, 2016

Cambridge casts new spinout Phomera

Phomera Technologies unlocks an industrial process to replicate the colour-changing properties of butterfly wings.

Jun 16, 2016

Rgenix generates $33m in series B round

Novo and Sofinnova Partners have co-led a series B round for Rgenix, a spinout of Rockefeller University that hopes to enter two immunotherapies into clinical trials this autumn.

Jun 16, 2016

Monash and Melbourne research $59m fund

The two Australia universities come together to create a biomedical research enterprise called M2 Venture Catalyst with the backing of the state of Victoria.

Jun 16, 2016

Nomadd wanders towards series A

The Kaust Innovation Fund backs Nomadd, an automated cleaning system for solar panels, spun out of King Abdullah University of Science and Technology, in its $1m series A round.

Jun 16, 2016

Montana backs $21m fund

University of Montana Foundation backs Next Frontier Capital's inaugural fund that supports technology and healthcare companies in the state.

Jun 15, 2016

Chile centralises tech transfer

Chile brings together 26 universities and 12 science laboratories with a fund to centralise technology transfer with three hubs in the country.

Jun 15, 2016

Featurespace highlights $9m

Imperial Innovations furthers its commitment to Featurespace, a behavioural analytics spinout of Cambridge, by investing in the company for the third time.

Jun 14, 2016

Imperial exits Alkion Biopharma

Imperial Innovations exits its investment in Imperial College London spinout Alkion Biopharma, selling its shares to chemical company Evonik Industries.

Jun 14, 2016
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