A round up of all the latest news on www.globaluniversityventuring.com for our subscribers.
Big deal: IP Group makes bid for Touchstone Innovations
IP Group’s bid for Touchstone Innovations was unexpected and remains ambitious, but doubts remain over whether a merger would be the best way forward for either firm.
Riverside has Eldridge excited
Taj Ahmad Eldridge has joined University of California, Riverside as the institution’s director for the Excite accelerator.
Galaxy stars in IP Group’s $264m fundraising
Beijing Galaxy World Group has revealed a $30m strategic investment in IP Group as part of the latter’s previously announced $264m fundraising efforts.
Phil Morle has been hired as investment manager to support Csiro’s Innovation Fund, rebranded to Main Sequence Ventures.
IP Group has supported a first funding round for Carma Therapeutics, a University of Pennsylvania spinout that is working on cellular immunotherapies.
Navarra shapes Bidasoa Metal 78 investment
The spinout has developed technology that enables the recovery and commercialisation of precious metals, with a first focus on platinum.
Yissum puts its weight behind incubator
Hebrew University of Jerusalem’s tech transfer office has joined forces with Motorola Solutions, Reliance Industries and OurCrowd to set up an incubator.
Upbeat stays optimistic with $1.5m
Stanford University’s investment affiliate StartX has taken part in a $1.5m seed round for Upbeat.
