Global University Venturing

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.

Last year we saw a record number of corporate-backed rounds sized $100 and above and this year has not been any different, already setting records.

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.

Based on research at Institute for Cancer Research, Nuvectis Pharma is working on precision medicines for cancer.

WPP has acquired UCL spinout Satalia for an undisclosed amount, almost 13 years after being founded.