Global University Venturing

Tsinghua University gains approval for an investment in data centre service provider 21Vianet to control 51% of its voting share with an approximate 21.4% share stake.

Following the opening of the UK's first proton beam treatment centre in 2018 or 2019, Imperial College London and the centre will commence a $17m research partnership.

Stem cell company Definigen, a Cambridge spinout, raises $2.3m to launch new pancreatic and lung stem cell products to support predictions of drug candidates before clinical trials.

Texas spinout Decisio Health launches its bedside clinical intelligence platform to support healthcare staff in hospitals following a $4.5m series A round.

CAC, Bandai Namco and Sega all took part in the round as new investors, helping the WPP-backed emotion recognition software company boost its total funding to $34m.

The news roundup for the week ending 27 May 2016.

Abingdon Health enters into a partnership with Sumitomo Chemical to build on the rapid diagnostic test platform developed by Sumitomo and Abingdon Health subsidiary Molecular Vision.

Oxford spinout Zegami aims for a $10m funding round to commercialise its data discovery platform.

Tony Hickson, managing director technology transfer at Imperial Innovations discusses the development of patient capital as an instrument to fund UK science companies.

Rutgers University Business School contributed to the $23m first close of Newark Venture Partners, founded by Audible CEO Tom Katz.