Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Sense Biodetection, a UK-based molecular diagnostics technology developer, has raised $15m in a series B extension that brought the round’s total to $65m. Koch Disruptive Technologies (KDT), the investment arm of industrial and chemicals group Koch Industries, led the extension having already led the initial $50m tranche in April 2021, when patient capital fund Cambridge Innovation Capital (CIC), Mercia Asset Management, Earlybird’s Health Tech Fund and Jonathan Milner also invested.
Sandbox VR, the US-based operator of a chain of virtual reality gaming centres backed by Stanford University, has secured $37m in funding from investors including e-commerce group Alibaba, according to VentureBeat. The round was led by Andreessen Horowitz, included fellow venture capital firm Craft Ventures and increased the company’s overall funding to $105m. Alibaba and Andreessen Horowitz joined Stanford University, Floodgate, CRCM Ventures and TriplePoint Capital to supply $68m in series A funding in January 2019 and returned for an…
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).
