Global University Venturing

University of Bristol Enterprise Fund has returned with more cash for irrigation system developer Lettus Grow, founded by Bristol graduates and students.

Indiana University Philanthropic Venture Fund has joined Purdue Ventures and university-backed VC vehicle Indiana Seed Fund as an investor in healthcare communication platform Diagnotes.

Immunooncology spinout Neoleukin Therapeutics is working on a safer, synthetic replica of a T-cell-boosting protein called interleukin-2.

Founded out of TUM, transmission gear manufacturer ZG-Zahnräder und Getriebe has been bought by Mahle to bolster its integrated drive system capacity.

ETH Zurich spinouts lifted their total funding haul to $173.3m from $123.1m in 2017.

PetaGene hopes its data compression technology will aid the genomic sequencing industry.

NUI Galway-linked businesses to have secured backing last year include kidney reflux test spinout Kite Medical and medical implant developer Loci Orthopaedics.

The series A funding will help UMass-founded genetic disease therapy developer Apic Bio progress targeted drugs for ALS and Alpha-1 antitrypsin deficiency.

Half a year after raising $500m in a TUS Holdings-backed series B round, the electric car developer is seeking another $500m before it floats.

Biontech, a spinout of Johannes Gutenberg University Mainz, has received $91.5m in funding as part of the extension of a deal to develop a cancer immunotherapy candidate with Sanofi.

Cambridge big data analytics spinout GeoSpock has now raised $24.5m from investors including Cambridge Innovation Capital and Parkwalk Advisors.