A round up of all the latest news on www.globaluniversityventuring.com for our subscribers.
Aurora-TT to rise with $55m fund
The newly launched firm is seeking a $55m fund, modelled on Oxford’s Lab282 initiative, to support the commercialisation of biotech research at Italian institutions.
ONL Therapeutics eyes $4.25m series A
University of Michigan’s Mints program has contributed to a series A round that also attracted Novartis and state-backed Invest Michigan.
Neighborly moves into $25m series A
Stanford University has contributed to a series A round for Neighborly, which focuses on providing public finance.
Els Beirnaert, previously the senior manager of new ventures at VIB, has been promoted to head of new ventures.
Cardior shows heart in $16.5m series A
HTGF has backed a series A round for Cardior Pharmaceuticals, a heart failure-focused spinout of Hannover Medical School.
Irish institutions build $160m Bridge Network
University College Cork, Teagasc, Cork Institute of Technology and Institute of Technology Tralee have joined forces to launch a consortium with a combined research revenue of $160m.
Apple nets Lattice Data in $200m deal
The dark data processing technology developer, based on Stanford research, has been bought by Apple after raising about $20m from investors including In-Q-Tel.
Bruker shines light on Luxendo
Bruker has acquired Luxendo, a spinout of the European Molecular Biology Laboratory that closed an $8.4m series A round in January.
Building a bridge from Toronto to Seoul – and back again
Rafi Hofstein provides an insight into how the collaboration between Mars Innovation and KHIDI was forged and what the partnership’s impact will be.