A round up of all the latest news on www.globaluniversityventuring.com for our subscribers.
The company, led by two UW researchers, remains in stealth but is reportedly working on organism-resistant materials to ward against the threat of infection.
TLA will be led by assistant vice-president, Douglas Hockstad, once the unit’s current vice-president David Allen retires on April 28.
Owlstone Medical inhales $15m
Insurance firm Aviva has co-led a round for Owlstone Medical, whose roots can be traced back to University of Cambridge.
Montana signs up to Next Frontier’s $38m fund
Next Frontier Capital’s second vehicle will drive activity in industries key to Montana’s economy, including software, healthcare optics and photonics.
SATT Toulouse stimulates Micropep’s $5m series A
Micropep hopes to outmode weed killers and plant stimulants by organically controlling the plant’s gene expression.
Kensho calculates $550m acquisition
S&P Global is set to acquire its portfolio company Kensho, a spinout from Harvard and MIT, in the largest such deal involving an AI developer to date.
Simple-Fill puts $1.7m in the tank
The Ohio State spinout uses liquids to compress, cool and dehydrate natural gas, providing an alternative to petrol-based motoring fuels.
Tier IV automates $28.4m investment
University of Tokyo Edge Capital has invested in autonomous driving technology developer Tier IV, based on research at multiple Japanese universities.
Uni.lu to incubate startups
University of Luxembourg officially unveiled an incubator yesterday aimed at the institution’s students, alumni and staff.
BugCrowd sources $26m in series C
Salesforce Ventures returned for a round that increased the crowdsourced cybersecurity platform’s overall funding to $50m and also featured Stanford University.
TauRx talks of $71m investment
The neurodegenerative disease treatment spinout from University of Aberdeen has disclosed it raised $71m through a rights issue in October.
NestAway confirms $51m booking
UC-RNT has put up $16m for the Flipkart-backed rental services provider’s latest round, taking its funding past the $90m mark.
UChicago slips into Ascent’s $6m series A
Ascent has raised $6m to drive further development of its automation-based service for regulatory compliance functions.
ViewPoint frames $35m series B
University of Michigan’s Mints initiative has returned to back a $35m series B round for ViewPoint Therapeutics, partly based on research at the institution.
Investors inject $12.5m into Oxford Vacmedix
The spinout is developing cancer vaccines based on research conducted in partnership by Oxford and Medical Research Council’s Weatherall Institute of Molecular Medicine.
UKI2S and Innovate UK pick spinouts for funding
Molecular diagnostics, protein nanocages and diagnostic sensors have received a boost from Innovate UK’s $11.8m accelerator pilot.
Mercia deposits Science Warehouse with Advanced
The Leeds spinout, Mercia’s second-largest portfolio investment, has been acquired by Advance Business Software and Solutions for $23.3m.
Form Energy fires up $7.4m round
The MIT spinout formerly known as Baseload Renewables hopes its lithium-sulphur battery could offer a sustainable energy source.
