The Global University Venturing deal net rounds up the smaller investments from across the university innovation ecosystem.

Chowa Giken, a Japan-based artificial intelligence technology developer spun out of Hokkaido University, has raised ¥300m ($2.4m) from electronic equipment manufacturer Daikoku Denki, in-vehicle system provider DTS Insight, car parts producer Nakanishi Metal Works, financial services firm Daichi Mirai Shinkin Bank, regional consumers’ co-operative association Co-op Sapporo as well as Hokkaido Venture Capital and unnamed private investors. Wedge, a US-based recruitment and screening platform, obtained $2m last week from investors including Michigan Rise, an investment vehicle of Michigan State University, as well as Michigan Capital Network, Northgate Holdings and unnamed others. Integra Therapeutics, a Spain-based gene writing tool developer spun out of Pompeu Fabra University, has secured an additional €1.5m ($1.7m) from VC firm Columbus Venture Partners to bring the round to €6m ($6.7m). The spinout raised the earlier funding in December 2021 from pharmaceutical firm Takeda’s investment arm, Takeda Ventures, as well as Advent France Biotechnology and Invivo Capital. Rhizocore Technologies, a UK-based developer of fungal pellets to accelerate woodland regeneration spun out of University of Edinburgh, has raised £170,000 ($224,000) from the university-managed Edinburgh Technology Fund and Deep Sciences Ventures, the Scotsman reported yesterday. The two investors each contributed exactly half of the total figure. Bilingualism Matters, a UK-based language learning services provider, was spun out of University of Edinburgh on Wednesday. The company will operate as a social enterprise, specifically running a not-for-profit membership scheme. Bilingualism Matters has existed as a network of 30 affiliated centres around the world for 14 years but has now been established as a standalone business rather than an arm of the university. The original centre at the university will continue to operate as part of the social enterprise’s network. – Additional reporting by Edison Fu

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Thierry Heles

Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).