University of Oxford Innovation Fund has backed Bibliotech's digital textbook library service, which is already used by universities including Oxford itself.
Bibliotech Education, a UK-based digital textbook library service co-founded by a University of Oxford alumnus, has closed a £3m ($4m) series A round featuring University of Oxford Innovation Fund (UOIF), Australian Financial Review reported on Monday.
The round, which initially targeted $2.7m, was led by the family office of Paul Forster with participation from angel investor Fritz Demopoulos. UOIF is operated by Parkwalk Advisors, the fund management arm of commercialisation firm IP Group.
Founded in 2013, Bibliotech operates an e-book library…