Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Cambridge Crops, a US-based anti-food decay coating developer exploiting Tufts University and Massachusetts Institute of Technology (MIT) research, has obtained $4m in a seed round led by MIT accelerator and venture fund The Engine. Refactor Capital, Closed Loop Ventures, Bluestein and Associates, SOSV and Supply Chain Ventures also supplied funding. The transaction includes the conversion of $1.3m of principal and interest from existing promissory notes, according to a regulatory filing. Founded in 2016, Cambridge Crops is working on a protective…
