Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Standard Energy, a South Korea-headquartered vanadium ion battery developer co-founded by researchers from Massachusetts Institute of Technology and Korea Advanced Institute of Science and Technology, has obtained $8.9m in series C funding from internet group SoftBank through its Softbank Ventures Asia subsidiary, DealStreetAsia reported today, citing a company statement. Standard Energy has now raised $22.5m altogether, according to TechCrunch.
Futurae, the Switzerland-based developer of a cybersecurity software platform covering user authentication and transaction confirmation, has secured €5m ($5.9m) from Axa Venture Partners, a corporate venturing subsidiary of insurance group Axa, as well as financial services firm Zürcher Kantonalbank and VC firm EquityPitcher Ventures. The company was spun out by ETH Zurich’s Systems Security Group in 2016 and raised $2m in a 2018 round co-led by Axa Venture Partners and DIventures that included Zürcher Kantonalbank and Stefan Mühlemann.
SentiAR, a US-based spinout of Washington University in St Louis…
Thierry Heles
Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).
