Every day, Global University Venturing rounds up investments from across the university innovation ecosystem in its deal net.
Fimecs, a Japan-based proteolysis inducer screening platform developer, has raised ¥1.18bn ($10.3m) in series B funding from Kyoto University’s Innovation Capital unit and University of Tokyo’s Innovation Platform’s AOI Fund 1 as well as insurer Nippon Life’s Nissay Capital vehicle and venture capital firm Anri. AOI Fund had already backed a $1.9m round in 2020.
Settlrs, an India-based operator of a business-to-business product rental service that was spun out of Indian Institute of Management at Bangalore, has raised $1m in a funding round led by Canbank Ventures, the venture capital arm of financial services provider Canara Bank.
Man-Machine Synergy Effectors, a Japan-based humanoid robot developer spun out of Ritsumeikan University, has secured an undisclosed amount of pre-series B1 funding from electric material and optical fibre provider Tatsuta Electric Wire. Entertainment conglomerate Avex had contributed to a round of undisclosed size in February 2018, when Real Tech Japan also invested.
– Additional reporting by Robert Lavine
