Allied Minds, one of the biggest investors in US university research, raises its largest ever funding round.

US university and government research investor Allied Minds has raised $100m in its biggest-ever funding round, bringing the company’s total assets to around $500m.

Formed in 2006, the Boston-based investment firm is now looking to actively expand investments in its portfolio of companies, which includes spin-outs and startups from Harvard, New York University, and the University of California system.

Over its seven year history, Allied has invested in 26 new companies, including 6 so far in 2013, and has become…

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