Health

Aiming to provide a long-term future to their Wyss Zurich Translational Center, University of Zurich and ETH Zurich have set up the non-profit Wyss Zurich Foundation.

Harvard’s serial entrepreneur Timothy Springer has formally launched his latest venture with a $101m series A round backed by GV.

Data analytics platform developer Starburst raised $250m in a Salesforce-backed round valuing it above $3.3bn while SoftBank co-led a $140m round for small molecule drug developer Ventus.

Alphabet’s GV subsidiary was among the participants in the immunology drug development platform’s first publicly disclosed round.

A roundup of exits, including IPOs and acquisitions, across the tech transfer ecosystem.

Every day, Global University Venturing rounds up investments from across the university innovation ecosystem in its deal net.

Alibaba’s Greater Bay Area-focused fund is on its way to reaching its ceiling in the first half of this year, having secured a third of the $150m in capital so far committed.

Digital bank operator Tonik Financial raised $131m in a Mizuho Bank-led round while e-commerce software provider Shopware secured $100m from PayPal and Carlyle.

Every day, Global University Venturing rounds up investments from across the university innovation ecosystem in its deal net.

Sector review of top investors, breakdown by subsectors and breakdown by type of corporate backers

Orange Grove Bio has partnered SV Investment to jointly source therapeutics in South Korea and the US and create spinouts.