Global University Venturing

Visa is to acquire one of its portfolio companies, financial data network operator Plaid, in multi-billion-dollar transaction, which comes only four months after its latest commitment to the company along with its peer Mastercard.

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

March Capital has led a round that boosted the overall funding for the Stanford-backed enterprise data management platform to $75m.

AI2's new pre-seed fund will help create 12 new spinouts in fields such as deep learning, computer vision and natural language processing.

Wilson Sonsini Goodrich & Rosati has invested in genomic sequencing amplification business Bioskryb, co-founded by Stanford faculty member Charles Gawad.

Stanford-StartX's Zinier took its overall funding to $120m in a round that included returning investor Qualcomm Ventures, with the cash to go to international growth and product development.

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

The edge computing technology developer has reportedly been purchased by Apple, three years after being spun out of AI2 to advance work by University of Washington's Ali Farhadi.

UW spinout Nicoya has its sight set on product development and business expansion after a series A round featuring UW Student Venture Fund and Wilfrid Laurier University’s Startup Fund.

Ian Postlethwaite will exit as CEO of NetScientific this July as the embattled commercialisation firm continues to patch up its balance sheet.

University of Pittsburgh Medical Center’s venture arm has allocated $1bn to drugs, diagnostics and devices development, including a $200m partnership with the university.