A round up of all the latest news on www.globaluniversityventuring.com for our subscribers.
GUV looks back on the highlights of 2017 and talks to some of the people who have driven the ecosystem forward.
IllinoisVentures collects $15m for third fund
University of Illinois at Chicago’s early-stage investment arm IllinoisVentures has secured $15m for its latest vehicle.
Anon AI identifies $463,000 investment
The UCL Technology Fund has provided capital to data anonymisation software producer Anon AI alongside the London Co-Investment Fund, AI Seed and Ascension Ventures.
Tai takes $10m in series A round
United Therapeutics has invested in the transplanted organ monitoring system developer as part of a collaboration agreement.
Spin Transfer Technologies has completed a $22.8m bridge facility after receiving commitments worth $10.3m to add to $12.5m from commercialisation firm Allied Minds.
Agilent acquires UCC spinout Luxcel
Cellular research services spinout Luxcel will be folded into Agilent’s cell analysis division, providing an exit for gas testing equipment provider Mocon.
GUIA will develop a mine monitoring system to help prevent dangerous accidents.
Investors swoop in to fund ACSL
Industrial and commercial drone developer Autonomous Control Systems Laboratory raised $18.8m in a round that featured University of Tokyo Edge Capital.
ClostraBio develops taste for seed funding
The food allergy medicine spinout from UChicago has been backed by the institution itself in a $3.5m seed round.
Acuva cleans up with $2.1m series A
Water purification technology developer Acuva will use the funding to expand its manufacturing base and develop additional products for global markets.
Collibra calibrates $58m series D
Collibra, a data governance software spinout of VUB, has closed a $58m series D round to accelerate its expansion plans and product development.
SolidEnergy powers up with $34m series C
SolidEnergy, a battery technology spinout of MIT, has received $34m from undisclosed investors, taking its total funding above $50m.
Storm makes $21.6m series A thunder
The Cambridge genomics spinout has secured $5.4m in additional series A funding from drug maker Taiho Pharmaceutical.
FluroSat has also received funding from cotton industry-focused public-private partnership CRDC for its remote crop imaging platform.
May Mobility steers itself to $11.6m
The autonomous transportation developer hopes to introduce self-driving shuttle buses to Detroit by the middle of 2018.
Alta rebrands to University of Birmingham Enterprise
University of Birmingham Enterprise will handle tech transfer activities, manage the $7m Spinout Investment Fund and handle a range of incubation and training services.
KBP Biosciences, which is developing drugs for disease areas of unmet need, raised the series A funds from investors including Cash Capital.
