Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
AutoPhagyGo, a Japan-based ageing-related disease prevention medicine and cosmetics producer spun out of Osaka University, raised ¥100m ($928,000) in May this year, it has revealed. The investors were Matsumura Oil Research, the producer of automotive lubricants, speciality chemicals and adhesives that is also known as Moresco, confectionery and food manufacturer UHA Mikakuto and angel investor Makoto Naruke.
Stride Funding, a US-based student financing portal, has raised a round of undisclosed size led by New U Venture Partners, the venture fund anchored by Western Governors University. Unnamed investors also contributed to the round. Founded in 2018, Stride Funding provides students with tuition loans sourced from successful alumni in exchange for an income percentage once they have graduated. The round was announced alongside additional capital for New U’s lending service, Income Share Agreement Fund.
– Additional reporting by Liwen-Edison Fu
