A round up of all the latest news on www.globaluniversityventuring.com for our subscribers.
Big deal: Versant Ventures diagnoses $400m fund
Versant Ventures sources some of its deals through a drug discovery engine that commercialises research conducted at US and Canada-based universities.
Georgia Tech engages accelerator
The institute has joined forces with Kasim Reed, mayor of Atlanta, and 10 local corporations to launch Engage, an accelerator program supported by a $15m fund.
Oxsonics resonates with series B investors
Oxford spinout Oxsonics and its sister company Orthoson have attracted $11.4m from backers including Oxford University.
Luxendo zooms in further on series A
The European Molecular Biology Laboratory spinout will use the additional series A capital, which puts the round’s total at $8.4m, to drive international sales activities.
Smart Antenna Technologies connects to Alta
The deal marks the first time that Alta Innovations has made a commitment through its Spinout Investment Fund.
MIT spinout Cogito has raised a $4m extension for its series B round, which achieved an initial $15m close in November 2016.
The Global University Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing university funds.
