Global University Venturing

Urjanet, a Georgia Institute of Technology spinout, has obtained $20m in series C funding led by Oak HC/FT.

Eric Toone, who previously led the Innovation and Entrepreneurship Initiative at Duke, and David Danielson, a precourt energy scholar at Stanford, have joined Breakthrough Energy Ventures.

The university has partnered healthcare provider Carilion Clinic to establish a $15m fund focused on the local area.

The analytics-as-a-service company backed by IP Group has raised $21.7m by placing 7.2 million shares.

Cambridge Innovation Capital has backed the series B round, alongside other investors that included Parkwalk Advisors.

Osage University Partners has taken part in a series B round for PMV Pharmaceuticals.

Pfizer and Celgene, as well as Osage University Partners and others, have backed a $38m series A round to help launch Arrakis Therapeutics.

Facebook has partnered IP Group, Oxford Sciences Innovation and Touchstone Innovations, among others, to help guide investments in the telecoms infrastructure sector.

A total of 20 businesses associated with Buffalo University and Erie Community College through the Start-Up NY initiative have generated 300 jobs and attracted $5m in funding.