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

EnVerde converts Minnesota research

The cleantech spinout has signed an agreement with University of Minnesota to commercialise research that converts organic waste materials into synthetic gas.

Corporates chip in for DeePhi series A

Semiconductor product makers MediaTek and Xilinx were among the participants in an eight-digit round for deep learning technology developer DeePhi Tech.

IP Group reaches for Touchstone

IP Group is hoping to raise $260m as the firm reveals it has made a takeover bid for Touchstone Innovations and will establish a new subsidiary in Australia.

Birmingham helps direct funding to Linear Diagnostics

Linear Diagnostics has raised $390,000 from investors including the University of Birmingham Spinout Investment Fund.

Symic Bio signs on Purdue for series B

The Purdue Foundry Investment Fund reinvested in a $30m round for Symic that will support a phase 3 trial for a compound intended to improve vein graft surgery.