Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Picus Security, a US-based cybersecurity technology producer co-founded by faculty from Middle East Technical University, has closed a $24m series B round led by Turkven, with participation from Earlybird Venture Capital and private investors Nathan Dornbrook. Picus has now raised $33m altogether, it said. Earlybird led a $5m series A round in October 2019, following an earlier $1.7m round led by ACT-VC, the company revealed at the time of the series A announcement. ScaleX Ventures led a round of undisclosed…

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Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.