Oxford Impedance Diagnostics, a spinout of Oxford University that is working a rapid diagnostic test for Parkinson’s disease, breast cancer a range of other conditions, has raised £2m ($2.6m), according to Forbes. The money came from Oxford Technology Investment Fund, Oxford Sciences Innovation, life sciences company Bio-Rad Laboratories and assorted angel investors.
Evergen, a home energy management system developer spinout of Australia’s federal research agency CSIRO, has attracted A$2.9m ($2.2m) from AMP Capital and Stephen Dunne, according to the Financial Review. CSIRO itself previously provided A$800,000.
University College Dublin (UCD) spinout SiriusXT has secured €3m through the EU’s Horizon 2020 SME Instrument Phase 2. SiriusXT is working on a microscope that is capable of producing 3D images of single cells.
Rubicoin, another UCD spinout, meanwhile raised €1.2m in funding from unnamed investors, putting the company’s total capital at €3m. Rubicoin facilitates stock investments and will use the money to expand into additional markets.
Cambridge University, its Enterprise Fund III, FT Capital and angel investors have contributed to a funding round of undisclosed size for Healthera, which is creating a personal health management app and IT products for pharmacies. Tania Balsa, investment manager at Cambridge Enterprise, has joined Healthera’s board.
Michigan University spinout Fusion Coolant System has received $1.25m in a first close of its series B round led by Mints, the venture arm of the university’s investment office. Amherst Fund also participated, with the round expected to attract additional backers in the next six months. The Frankel Fund, a Michigan student-led VC fund, Amherst, Automation Alley, Detroit Enterprise Fund, First Step Fund and Michigan Pre-seed Fund previously provided $600,000 in series A capital in 2013.
Edinburgh Research and Innovation, the commercialisation arm of Edinburgh University, is hoping to license technology that is able to instantly analyse complex chemical structures, according to Evening Edinburgh News. The technology could be used, for example, to develop a handheld spectrometer that uses a laser to detect dangerous contents in suspicious packages or substances.
