Daily deal net: December 16, 2019

Dec 16, 2019 • Callum Cyrus

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

KU Leuven and life sciences institute VIB officially unveiled Belgium-based drug development business Augustine Therapeutics today with €4.2m ($4.7m) in seed funding to target neuromuscular disorders such as Charcot–Marie–Tooth (CMT) disease. The money was supplied by VIB and its affiliate V-Bio Ventures venture fund, as well as KU Leuven-backed seed vehicle Gemma Frisius Fund, Flemish government-owned investment firm PMV and life sciences-focused VC firm Advent France Biotechnology. CMT is a hereditary disease characterised by progressive loss of nerve function in…

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