Global University Venturing

Real estate electricity trading platform Blueprint Power has been backed by Congruent Ventures, whose limited partners include University of California.

ETH Zurich spinout Rapyuta Robotics has signed up investors including Sony Innovation Fund for a $9.5m cash injection, two years after raising $10m from SBI Investments.

The computer vision technology spinout from ETH Zurich has secured $30m in a GV-led round that included NGP Capital, bringing its total funding to $43m.

IP Group recorded a $24m loss in a period when the firm also restructured its business following the acquisition of Touchstone Innovations.

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

The UPMC Enterprises-backed mental health tool provider had raised more than $21m but is shuttering after failing to secure an acquisition.

Nucor has become a minority shareholder in Notre Dame chrome plating spinout Trion Coatings and will build the spinout’s first manufacturing facility at its own base in Indiana.

The nanopore sequencing platform developer has closed a $15.5m series 3 round backed by Tsingyuan Ventures.

Duke University spinout Cereius has signed up BioInnovation Capital to its series A round as it looks to commercialise a radiotherapeutic approach for brain tumours.