Global University Venturing

One only has to look at the investors in the €117m ($135m) final close for Imec.xpand, the venture fund of nano-electronics research institute Imec, to see why it is worthy of GUV’s Fundraising of the Year award.

Of the strong candidates for GUV’s Deal of the Year, Lund and Edinburgh universities-founded drug developer Galecto Biotech sealed the award for a €79m ($90m) series C close that supplemented a promising set of clinical data for its lead candidate.

ETH transfer won the GUV Award 2019 for Tech Transfer Unit of the Year.

University of Southern Mississippi has hired alumnus Brian Cuevas as director of the Office of Technology Development to oversee the full spectrum of technology transfer activities.

Greg Milani, a senior managing director at Stanford’s endowment, is reportedly leaving his position later this year with the university locked in a potentially damaging lawsuit with MedWhat.

Free-roam VR experience technology company Holodeck VR has been backed by ProSiebenSat.1 Media, raising the prospect of business development collaborations with the corporate's television networks.

Stanford-backed student support platform UpSwing has added $2m from investors including Impact America Fund to take its total to approximately $5m.

The university has signed up Grab Ventures Velocity, part of ride hailing service Grab, to its new UI Works startup accelerator.

Members of science incubator Unit DX have obtained $25.5m of capital altogether since launch in 2017, with many of its residents hailing from University of Bristol.

Cambridge open source hardware spinout LowRisc has been backed by Alphabet's Google, which has sent two representatives to its board of directors.

Sheffield cell therapy spinout Rinri secured corporate backing from Boehringer Ingelheim and UCB in a seed round that will drive work on stem cell-based treatments for hearing loss.