Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
FocalPoint, a UK-based positioning technology developer, has closed a £6m ($8.4m) series B round, with the full amount provided by Draper Esprit, according to Tech.eu. The company, founded by University of Cambridge graduate Ramsey Faragher, previously obtained $5m in funding in February 2017 from tech transfer office Cambridge Enterprise, Passion Capital and Cambridge Angels. Tech.eu additionally identified Cambridge Innovation Capital, , IQ Capital, Rockspring Nominees and Demis Hassabis as shareholders.
CytoSeek, a UK-based developer of cell therapies for cancer…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.