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

Ambient Intelligence Technology dives into $1.7m

The underwater drone developer, a spinout of University of Tsukuba, raised the funding in a Beyond Next Ventures-led round that included several corporates.

IndoorAtlas spins another $4.3m in funding

Yahoo Japan has led a series B round for the University of Oulu spinout, which uses geomagnetic activity to detect a object’s location in a room.

Cisco to get on Springpath with $320m acquisition

Stanford University, one of the investors in hyperconvergence…