Global University Venturing

NEC and Tel Aviv University have established an incubator called AlphaC in order to support cyber technology developers.

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

The customer relationship management software producer launched four specialist funds with $250m of capital and scored big on the IPO exit front.

The pair will anchor Bright Angel Therapeutics as founding shareholders, providing resources to drive an antifungal enhancement program advancing discoveries made at MIT and University of Toronto.

Tencent added huge private equity deals to investments in the likes of Meituan-Dianping, Go-Jek and Flipkart before a run of huge IPOs late in the year.

The universities of Aston, Birmingham, Cranfield, Keele, Leicester, Loughborough, Nottingham and Warwick plan to launch a unified intellectual property office.

The Google owner committed big money to Lyft and Airbnb as GV increased its late-stage deals, formed an AI fund called Gradient and exited from Snap and Cloudera in IPOs.

The University College London gene therapy spinout has completed a series B round backed by the institution's UCL Technology Fund.

Smart oven developer and University of Chicago spinout Tovala has been backed by UChicago Startup Investment Program in an Origin Ventures-led round.