A roundup of exits, including IPOs and acquisitions, across the tech transfer ecosystem.

LÜM, a US-based music technology developer backed by Wisconsin Alumni Research Foundation (Warf), shut down last week. The company had planned to relaunch its offering using non-fungible tokens next month, according to an announcement in late 2021, but the pivot failed. LÜM raised $3m in August 2020 in a round led by Warf, with participation from unnamed institutional and private investors. Altogether, the company had secured $5m in pre-seed and seed financing.

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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).