Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Gamaya, a Switzerland-based farm informatics platform developer spun out of EPFL, has raised CHF7.5m ($7.5m) in series B funding led by Mahindra & Mahindra Farm Equipment Sector, part of conglomerate Mahindra Group, that featured ICOS Capital, VI Partners and unnamed existing investors. Mahindra invested $4.3m for an 11.3% stake in Gamaya, which provides farm analytics services powered by a combination of image analytics, artificial intelligence and machine learning. Gamaya was founded in 2015 and previously closed a $3.3m series A in 2016 involving VI Partners, Sandoz Foundation, Seed4Equity and angel investor Peter Brabeck-Letmathe, after obtaining an undisclosed sum through accelerator VentureKick the previous year.
Probably Genetic, a Germany-based genetic testing spinout of University of Oxford focused on autism-linked diagnoses, has received an undisclosed amount from Oxford Angel Fund, Khosla Ventures, TenOneTen Ventures and assorted individuals, TechCrunch reported today. The company offers whole-exome genetic tests for autistic children to determine whether they inherited the condition and, if that is the case, identify appropriate treatments for complications they are prone to. Probably Genetic, a member of accelerator Y Combinator, was co-founded by Lukas Lange, a University of Oxford PhD candidate studying bioinformatics and genetics, and Harley Katz, a research fellow at Oxford’s physics department.
