Global University Venturing

Industrial and technical products supplier TKH Group has picked up VTT-founded optical confocal imaging sensor company FocalSpec to enhance its portfolio of precision quality control sensors.

In addition to launching a corporate venture capital fund, Daikin has inked a deal with University of Tokyo to drive the formation of spinouts.

Chinese Academy of Sciences' Cash Capital put up a share of the funds for oncological drug developer OnQuality Pharmaceuticals' first funding round.

Stanford-StartX Fund portfolio company Sensely collected funding from a consortium led by insurance firm Aflac to haul its lifetime total to $26.5m.

Genomics bioinformatics platform developer PierianDx, a Washington University in St Louis spinout, has raised fresh capital to advance its business strategy.

University of Pennsylvania returned for a series B round that boosted its immunotherapy spinout's overall funding to $231m.

University of Pennsylvania spinout Cabaletta has gone public after raising $74.8m in an initial public offering on the Nasdaq Global Select Market.

Prime Medicine will work alongside Harvard University-founded Beam Therapeutics to commercialise Broad Institute faculty vice-chair David Liu's single-base DNA editing inventions.

Sense Biodetection has raised $15.8m in a series A round co-led by Cambridge Innovation Capital and Earlybird to produce a diagnostic test for infectious diseases.

University of Oxford held its inaugural artificial intelligence-focused conference last month, bringing together investors and the world’s foremost researchers in the area.

Academic research towards quantum computing and other quantum technologies is beginning to pay dividends, but continued progress will rely on strong cooperation between academic, industry and government partners.