Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
University of Sussex has spun out UK-based quantum computing company University Quantum with £3.6m ($4.7m) of seed funding from undisclosed investors. University Quantum builds on research co-led by Winfried Hensinger, head of University of Sussex’s Ion Quantum Technology Group, and Sebastian Weidt, a lecturer in quantum technologies at the School of Mathematical and Physical Sciences.
TacSense, a US-based tactile sensor interface producer spun out of University of California Davis, has closed a RMB30m ($4.5m) series A round co-led by computer and smartphone manufacturer Lenovo and consumer electronics firm Xiaomi’s River Industrial Fund, according to EqualOcean. The spinout develops sensors to detect touch using ionic materials billed as being transparent, sensitive and flexible.
Connect, Japan-based stroke rehabilitation equipment producer, has raised ¥210m ($2m) from Keio Innovation Initiative – a joint venture formed by Keio University and brokerage Nomura Holdings – as well as Mitsubishi UFJ Capital – a vehicle for financial services firm Mitsubishi UFJ – and VC firms Beyond Next Ventures and Future Venture Capital. The round took the company’s overall funding to $2.3m.
Setsuro Tech, a Japan-based genome editing technology developer spun out of Tokushima University, has raised an undisclosed amount from public-private partnership Setouchi Brand.
