Global University Venturing

Building works analytics software developer Reconstruct spun out of University of Illinois at Urbana-Champaign in 2016 and has now raised $10.1m of capital altogether.

Seattle Children’s EHR management software publisher MDMetrix has now raised $4m in all following a seed round backed by the investment arm of Washington Research Foundation.

Kaust-founded crop growing technology developer Red Sea Farms secured the capital from Kaust's Innovation Fund and the latter's strategic co-investment partner Research Products Development Company.

The additional cash will allow University of Nottingham biomedicine spinout Locate Bio to advance two internal programs and support its collaborations with external partners.

The board at Flinders University-founded medical avatar software platform Clevertar has agreed to pump in funding to clear the spinout's outstanding liabilities to creditors including the university.

Icometrix developers brain imaging technology based on KU Leuven and University of Antwerp research to help assess conditions such as Alzheimer’s disease.

Cargill Protein, Strauss Group and M-Industry all contributed to a series A round for cell-based meat developer Aleph, based on research at Technion– Israel Institute of Technology.

CU Boulder battery tech spinout Solid Power and Ford will collaborate on delivering a solid-state cell for electric vehicles using the spinout's production facility.

A member of NYU's Future Labs incubator network, virtual receptionist developer Bowtie.ai has been acquired by wellness services software developer Mindbody.

NextStep Robotics, which last raised funding in February 2018, is commercialising research from two University of Maryland campuses and the Baltimore Veterans Affairs Motor Performance Laboratory.

Osage University Partners, Gradient Ventures and Rakuten Ventures featured in machine learning software developer Algorithmia's latest round, which brought its total to $37.9m.