Global University Venturing

The Alibaba-led series E round has proven the latest milestone for China's rapidly growing bike sharing sector as its biggest players look to move into foreign streets.

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

Mirexus, a biomaterials spinout of Guelph, will use the funding to support a new production facility.

The antibody replacement technology was co-developed by the California Institute of Technology.

The Manchester spinout is seeking capital to launch its first product, a test that can detect the early-stage onset of an eye disease called age-related macular degeneration.

Frontier IP has received a 20% stake in Molendotech, a new spinout of Plymouth University that has developed a way to test the purity of water.

The student-led university venturing fund from University of Nevada, Las Vegas has committed capital to Echo Payment Systems.

The Federal Ministry of Education and Research has allocated capital to institutions such as University of Potsdam to bolster technology transfer activities.

The fund, first announced in October 2016, has been launched with $10m in capital to invest in spinouts and startups that emerge from the university or surrounding region.