Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Hummingbot, the US-based creator of a crypto trading bot platform backed by Stanford University’s Stanford-StartX Fund, has completed an $8m series A round featuring stablecoin developer Terraform Labs, digital asset trading platform developer AscendEX, blockchain software provider Ava Labs and crypto finance data provider NEM Trading. The round was led by Initialized Capital and included Slow Ventures, Arrington XRP Capital, Borderless Capital, DeFiance Capital and Altonomy. The company had secured $3.5m from Stanford-StartX Fund, Bain Capital Ventures, Ironfire Ventures and…
