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News for the week 23 – 29 September 2013:
Japan supports university fund
Daiichi Sankyo has committed Y100m ($1m) and Mitsubishi UFJ Capital will be investing as much as Y200m ($2m) with the Organization for Small & Medium Enterprises and Regional Innovation pledging Y450m ($4.5m).
Johns Hopkins University names new technology commercialisation advisor ahead of push for entrepreneurship.
UCL biotech spin-out Synthace raises £1.3m ($2.09m) in a seed round led by Sofinnova Partners.
Zynstra inks $3.86m with Octopus
Bath cloud computing spin-out Zynstra raises £2.4m series A in round led by Octopus Investments.
ProAx-Sis tops NI startup awards
Queens University Belfast spin-out Proax-sis scoops coveted startup award in Northern Ireland.
UNC spin-outs kickstarted with $80k
Four University of North Carolina spin-outs win $80k in commercialisation funds to help bring their technologies to market by Carolina Kickstart.
Yale’s Arvinas brings in $19.25m
Biotech Arvinas raises $15m series A with a further $4.25m in support from the State of Connecticut.
Tigers to improve autistic lives
Tigerface Games spins out of the University of Edinburgh to commercialise games designed to improve the lives of autistic children.
University of Colorado Boulder spin-out Solid Power to commercialise state lithium battery.
Johnson calls for further commercialisation
Incoming head of the University of London’s Institute of Cancer Research calls for researchers to get rich.
Synergis gets full marks with $33m
Education provider Synergis receives $33m in series A round.
Moritz’ millions turn into PhDs
Venture capitalist Michael Moritz sets up $30m endowment for basic science PhDs at the University of California, San Francisco.
Social venture UniversityNow raises $19m from a consortium of backers led by Bertelsmann.
Body mapping startup BioDigital receives $4m from FirstMark Capital and New York University.
