Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Nano-Core Chip, a China-based internet-of-things chip designer, has closed its first funding round at RMB100m ($15.4m) thanks to a commitment from Peking University Science and Technology Achievement Transformation Fund, a vehicle managed by Founder H Fund on behalf of the university, according to China Money Network. Sequoia Capital China also took part in the round. Founded in April 2021, Nano-Core Chip is working on artificial intelligence of things systems-on-a-chip.
Euler, a UK-based decentralised finance software developer, has closed an $8m series A round led by crypto-focused investment firm Paradigm that included Lemniscap and angel investors Anthony Sassano, Ryan Sean Adams, Kain Warwick and Hasu. Euler’s chief executive Michael Bentley co-founded Euler after concluding postdoctoral research at University of Oxford in September 2020. Crypto trading firm Capital Markets Trading vehicle CMT Digital had joined Launchub Ventures, Divergence Ventures, Block0, Cluster and various individuals to supply $800,000 in seed funding for…
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).
