A round up of all the latest news on www.globaluniversityventuring.com for our subscribers.

4490 Ventures collects $49m for second fund
The figure represents a first close for the firm’s second fund and follows a $30m vehicle backed by Wisconsin Alumni Research Foundation in 2013.

BioLabs spawns Princeton edition
Princeton University is to open an incubator and co-working affiliate of BioLabs with room for 25 startups in April.

Syndesi memorises $21m series A
Vives Louvain Technology Fund has contributed to a series A round for Syndesi Therapeutics, which will exploit research…