Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Poro Technologies (Porotech), a UK-based materials technology spinout of University of Cambridge, completed a £1.5m ($1.9m) seed round co-led by university tech transfer office Cambridge Enterprise on Tuesday. Venture firm IQ Capital Partners co-led the round with contributions from Martlet, the investment arm of transport, aviation and defence technology supplier Marshall of Cambridge, as well as angel investors from Cambridge Angels and Cambridge Capital Group. Porotech produces porous electronic semiconductors using a composite material dubbed GaN that it claims provides…