A round up of all the latest news on www.globaluniversityventuring.com for our subscribers.
KenSci to keep $8.5m in series A funding
Osage University Partners was among the participants in a round led by Ignition Partners that will help KenSci further develop its machine learning technology.
Albert Einstein College of Medicine spinout Cue Biopharma has secured $26m in funding across two rounds led by investment bank MDB Capital Group.
Lee takes principal role at Osage
Osage University Partners has appointed John Lee, who has been at the spinout-focused venture fund since 2012, to principal.
SEP supplies capital to Strathclyde University fund
Scottish Equity Partners has contributed an undisclosed amount to the university’s Strathclyde Entrepreneurs Fund, which backs startups founded by staff, students and alumni.
Atlas Genetics displays $35m in funding
The Bath University spinout will use the series D proceeds to fund clinical trials of a test for chlamydia and gonorrhoea while expanding its partner’s manufacturing capacity.
Macomb Innovation Fund backs five
The fund, a partnership between Macomb Community College and JPMorgan Chase, is investing $225,000 in a total of five local startups.
