Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Animal Dynamics, a UK-based unmanned aerial vehicle developer spun out from University of Oxford, has completed a £6m ($7.7m) series A round led by university venture fund Oxford Sciences Innovation that included existing investor Kindred Capital and investment firm Tanarra Capital. Animal Dynamics is working on unmanned aerial drones with aerodynamics which replicate the motion of animal creatures for applications such as humanitarian aid, medical logistics, agriculture and defence. The funding will help Animal Dynamics scale up its business with…