News round up 29 May 2018

May 29, 2018 •

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

Indee Labs engineers $2.6m seed round
The round, which takes Indee’s equity total to $3.9m, featured Main Sequence Ventures.

MTN-Irancell picks Tehran for VC fund
University of Tehran and telecoms provider MTN-Irancell are preparing to seed a VC fund of undisclosed size to help nurture IT startups.

UPMC syncs up to $30m cardiovascular fund
Cardeation Capital has raised $10m each from UPMC, Royal Philips and American Heart Association to make investments aimed at fighting…

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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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