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