Every day, Global University Venturing rounds up investments from across the university innovation ecosystem in its deal net.
Federated Wireless, a US-based phone spectrum-sharing technology developer based on Virginia Tech research, has picked up $58m in a series D round backed by commercialisation firm Allied Minds. The round was led by an affiliate of Cerberus Capital Management and also included Singaporean sovereign wealth fund GIC. Federated Wireless completed a $64.7m series C round in 2020 and its investors also include telecoms infrastructure providers SBA Communications and American Tower, telecoms equipment maker Arris International, as well as Pennant…
