Global University Venturing

Kate Rowley, formerly a director of IP Group with a focus on the healthcare sector, has joined investment firm BioScience Managers.

Institut Pasteur spinout Invectys will use the funding to advance a drug candidate for a type of leukaemia into a phase 2 trial.

Researchers at University of Alabama at Birmingham will be able to apply for up to $35,000 in funding to support the commercialisation of their inventions.

SEI Ventures will invest in seed-stage companies and give startups the opportunity to pilot their technologies across Strayer University and Capella University.

Yield Capital, established by a Tsinghua University institute, has partnered Hyundai Motor to raise a total of $100m for a hydrogen-focused fund.

Neil Sharkey, vice-president for research at Penn State University, will retire on June 30, with a national search for a replacement launching immediately.

Arch Venture Partners has filed to raise its largest fund to date that would increase assets under management by the venture capital firm to $2.86bn.

Nova University Lisbon has established chemicals producer Des Solutio with the support of Frontier IP, making it the second spinout launched in Portugal by the commercialisation firm.

Tech transfer region: Finland

The University of Applied Sciences Technikum Wien spinout has secured a six-figure sum from state-owned fund aws Gründerfonds and Segnalita Ventures.

Comment from Denise Graves, university relations director, Michigan Economic Development Corporation – Entrepreneurship and Innovation