Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Erbi Biosystems, a US-based microfluidics instrument technology spinout of Massachusetts Institute of Technology (MIT), has closed a $2m funding round, according to a regulatory filing. The round was led by angel fund Jaguar Biotech and brought the company’s lifetime funding to $3.8m, it said. It had previously secured $475,000 of equity funding in mid-2018. Founded in 2016, Erbi has devised a miniaturised bioreactor to perform biological analysis of cell culture. The spinout was co-founded by Rajeev Ram, associate director of…
