Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Aces, a Japan-based image recognition software developer incubated by University of Tokyo’s Matsuo Lab, has raised ¥320m ($3.1m) from consulting firm Industrial Growth Platform and Deep30, the AI-focused venture capital vehicle for the Matsuo Lab. It previously collected an undisclosed amount of seed financing from Deep30 in May 2019.
Confluence Pharmaceuticals, a US-based neurological disorder drug developer exploiting Indiana University research, received $100,000 of bridge funding yesterday from Indiana University’s Philanthropic Venture Fund. Confluence is targeting symptoms…