Sector analysis: Media

The university will team up with City of Long Beach’s municipal government and Sunstone Management for an accelerator.

Evergy is set to exit utilities management software provider EnergySavvy in an acquisition by Tendril, following some $27m of funding.

The 12-week medtech and digital health accelerator is also being supported by medical care provider Hartford HealthCare and will onboard its first ten startups in June 2019.

Four businesses have collected $37,000 in equity funding each from a micro-VC fund established by University of Waterloo’s Velocity unit in support of the Velocity Fund Finals competition.

University of Washington cancer diagnostics spinout Bellwether Bio has been acquired by Guardant Health, which plans to integrate the former's expertise to advance its own pipeline.

Sidewalk Labs spinoff Cityblock raised the cash in an EmblemHealth and Echo Health Ventures-backed round that took its overall funding above $85m.

Sector analysis: Consumer

The venture firm has collected $112m for its Nordic and Baltic-focused fund, which counts Digital Garage and Danske Bank among its limited partners.

The business digitisation software producer is reportedly valued at $1bn, having secured $60m in a round co-led by Salesforce Ventures and backed by Accenture and New York Life.

The university has reportedly backed an oversubscribed $1.5bn buyout vehicle launched by Arcline aiming to take over eight-to-10 mid-market companies.

The sickle cell disease therapy developer boosted its overall funding to $94m in a round backed by Lundbeck, Pfizer and Alexandria Real Estate Equities.

Sector focus: Industrial

MIT spinout Conduit was founded in 2017 to commercialise a decentralised cloud computing concept drawing upon the spare processing resources of IT clusters.

Honda and existing investors EDF and Siemens all contributed to a $22.7m round that will fund the expansion of Ubitricity's EV charging network.

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

University of Liverpool, Liverpool John Moores and Liverpool City Council will launch the Sciontec Liverpool fund to drive works for the city’s $2.6bn Knowledge Quarter Liverpool project.

“We will need to develop new technology and redesign the energy system around the customer. We want to be at the forefront of that global, tech-enabled transition to a zero carbon energy system,“ according to Ovo founder and CEO Stephen Fitzpatrick in an interview with the Financial Times. Mitsubishi Corporation has paid $256m for a 20% […]

Altice has reportedly acquired a 60% share of the live TV streaming service, while existing shareholders such as Sky will retain a stake in the business.

City Football is the anchor investor in Sapphire Sport, which is also backed by SAP, Adidas, Sinclair, AEG, Major League Baseball, the New York Jets and the San Jose Sharks.