Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Time by Ping, a US-based time management software developer, recorded a $36.5m series B round on Tuesday backed by The House Fund, the venture capital firm linked to University of California, Berkeley. The round was co-led by Acme Capital and Anthos Capital, with additional participation from Upfront Ventures, Initialized Capital, Time Ventures and Gokul Rajaram. Time by Ping has now collected more than $55m altogether, it confirmed. The company obtained $13.2m in series A round in November 2019 led by Upfront Ventures, when BoxGroup, Ulu Ventures, First Round and Initialized Ventures also took part. The latter two had co-led a $3.7m seed round in 2018, after a commitment of undisclosed size from MDR Lab, the legal technology-focused accelerator and investment arm of law firm Mishcon de Reya in 2017.
ArrePath, a US-based anti-infective drug discovery spinout of Princeton University, pocketed $20m in its seed round yesterday from a consortium co-led…
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).
