Global University Venturing

Less than a year after raising $72.6m in its series A round, Aerovate Therapeutics has gone public following an IPO worth more than $121m.

Main Sequence Ventures has returned for a $47m round, having previously co-led a $13.7m series B for the satellite launch technology producer.

Tyson Foods has thrown its weight behind Harvard spinout Soft Robotics to bring the series B total to $33m.

4490 Ventures has reinvested in Trainual, participating in a $27m series B round a year and a half after having co-led the series A.

University of Tokyo Innovation Platform has led a $15.3m funding round for VividQ, while the institution’s Edge Capital increased its capital commitment.

UK Innovate will unite the Office of Technology Commercialization and several other initiatives as the university reveals it launched six new spinouts.

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

The open online education platform’s founding institutions MIT and Harvard plan to sell edX to edtech developer 2U in a deal worth $800m.

Staff, students and alumni at London School of Economics are set to benefit from Houghton Street Ventures, which will back seed and series A rounds.

Schunk has agreed to acquire a majority stake in Fraunhofer spinout Pulsar Photonics, which produces ultrashort-pulse laser technology.

EPFL spinout Bestmile is winding down, citing pandemic-related challenges and a failed attempt at getting acquired.