Global University Venturing

UniServices has committed $2m to a targeted $20m series B round through the Inventors Fund, with investors also including Daimler Financial Services.

Bristol Myers-Squibb, Merck Group and Novo all took part in a $90m series C round for Galecto Biotech, which is commercialising research from Lund and Edinburgh universities.

Quark Venture and GF Securities have invested $1.9m in Sitka Biopharma, a spinout of University of British Columbia and Centre for Drug Research and Development.

The VPRI Innovation Fund will invest between $25,000 and $75,000 at the proof-of-concept stage to drive commercialisation activities at University of Oregon.

Brazil-based fintech companies have been on the news in recent times, showing the potential of the South American country’s ecosystem.

A roundup of all the latest news on www.globaluniversityventuring.com for our subscribers.

The fund will invest in agritech companies connected to Brightlands, an ecosystem backed by Maastricht University, Zuyd University of Applied Sciences and Fontys University of Applied Sciences.

Hard Yaka has supplied $30m in funding to IP Group’s portfolio company Yoyo Wallet as part of a strategic partnership.

Kyoto University Innovation Capital is partnering Infinite Capital Holding as part of efforts to let spinouts conduct clinical trials in China.

Ohio Innovation Fund has returned to support a first series B tranche for Enable Injections, which is targeting a $50m final close.

Stanford-StartX Fund's portfolio company Gauss Surgical has received series C funding from SoftBank and eight healthcare providers.