Global University Venturing

Lightox, Horizon: Therapeutic Microbubbles and StrataStem are among the companies that will receive support from the North of England Life Sciences Accelerator.

IP Group has upped its bid for Touchstone to $640m and gained the approval of Imperial College London, making a takeover more likely.

Deakin University has joined forces with Dimension Data to establish a cybersecurity accelerator in Melbourne.

IP Group has participated in a $1.7m funding round for Eight19, a solar panel technology spinout of the Cambridge-backed Advanced Photovoltaic Research Accelerator.

Zachary Ellis has joined Ohio State University as director of new ventures, leaving behind his position at Pepsi where he was responsible for driving corporate venturing activities.

Bitflux, a spinout of Technical University of Munich, has acquired for research at the institution relating to electric motors.

Osage University has contributed to a $9.2m series A round for Corelight, a cybersecurity company co-founded by UC Berkeley professor Vern Paxson.

Dipanjan Nag has joined Ohio State University as associate vice-president of technology commercialisation.

Touchstone Innovations has contributed $4m to the round, which also included fellow existing shareholders Robert Bosch Venture Capital and Octopus Investments.

Medication Management Systems, a University of Minnesota spinout, has been acquired for an undisclosed sum.

The accelerator will focus on health and fitness technologies and is being support by Johns Hopkins University, University Maryland and others.