News round up 21 August 2017

Aug 18, 2017 •

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

Allied Minds suffers $58.2m losses

The commercialisation firm, which has had a tumultuous 2017 so far that included a $146.6m writedown and the appointment of a new CEO, has had losses increase to $58.2m.

Galaxy no longer stars in IP Group fundraising

Beijing Galaxy World Group was set to contribute $30m to IP Group’s $264m fundraising effort, but failed to secure regulatory approval from Chinese authorities.

Alphabet acquires Senosis Health

University of Washington spinout Senosis Health has…

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Can University of Kentucky researchers bring new flavours to whisky?

The University of Kentucky has formed an industry-university partnership to advance aspects such as sustainable agriculture in the whiskey distilling industry.

Make sure UK proof-of-concept funds go beyond Golden Triangle, say experts

The £40m recently allocated by the UK government to proving university research is commercially viable shouldn't just benefit Oxford, Cambridge and London say sector pundits.

Databricks cofounder launches $150m spinout fund with UC Berkeley focus

The investment fund will mostly back founders from the US university.

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