Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Rein4ced, a Belgium-based spinout of KU Leuven that manufactures carbon and steel fibre bicycle frames, has completed €7m ($8.5m) in a series B round led by Capricorn Partners, with participation from university venture fund Gemma Frisius Fund, Finindus and Innovation Fund. Capricorn invested through its Sustainable Chemistry Fund and Quest for Growth vehicles. Gemma Frisius Fund, Finidus and Innovation Fund made their first investment as part of a round of undisclosed size in December 2017. Further funding details could not be ascertained.
Podchaser, a US-based podcast database operator, has closed a $4m funding round with participation from IU Angel Network, the angel syndicate set up by Indiana University’s IU Ventures. The round was led by Greycroft and also featured High Alpha and Connectic Ventures. This capital has been allocated to driving business growth.
Hearby.com, a US-based live music discovery platform co-founded by Massachusetts Institute of Technology faculty, received…
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).
