Global University Venturing

Leeds spinout Escubed has gone into administration having racked up payable debts worth $255,100 by the end of July 2017.

Vanderbilt spinout Appello has been backed by Deerfield Management, which recently launched a $65m commercialisation partnership with the university.

Charles University Innovation Prague will have an annual budget of at least $135,000 over five years to establish spinouts and license IP.

University of Geneva spinout ABCDx has raised an undisclosed amount in its first funding round.

The University of Virginia Licensing and Ventures Group Seed Fund has made its fourth investment, putting an undisclosed sum into 510 Kardiac Devices.

The vehicle, which is of undisclosed size, has made genetic sequencing developer Oxford Nanospore its first investment.

Alumni-founded payment fraud detection developer Ripple Shot has been backed by an Indiana University fund as it prepares to release its inaugural product.

Molecular testing system developer Isoma was spun out from Wistar but has also licensed intellectual property from University of Pennsylvania.