Sectors

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

Sovereign wealth fund led a series D2 round for livestreamed education provider Aixuexi Education Group almost a year after an investment by Tencent.

Neuros Medical, a Case Western Reserve University spinout, has raised $69.8m since it was founded in 2008.

The American Express, HSBC and Ericsson-backed anti-malware software provider's series E round has valued it at $800m.

Bentley iTwin Ventures is managed by Touchdown Ventures and will make strategic investments of up to $5m on behalf of its infrastructure software provider parent.

The cancer immunothrapy developer has filed to raise up to $100m in an offering that will follow $211m from backers including Celgene and Bristol-Myers Squibb.

Boston Scientific-backed pain relief implant developer Neuros has now raised about $70m in total and is targeting $42.8m in its latest round.

Adagio has raised money in a GV-led series B round that will support the entry of its covid-19 drug candidate into clinical trials early next year.

Dave Zilberman has taken up a general partner position at Norwest Venture Partners after nearly 15 years as a managing director at Comcast Ventures and its predecessor.

The software-focused incubator will invest pre-seed funding to form new businesses from UW-Madison concepts, and will unveil its first startup in spring 2021.

The $55m Next Unicorn Fund has a mandate to participate in pre-series A to series B rounds for startups based in South Korea and eventually in Southeast Asia.