A round up of all the latest news on www.globaluniversityventuring.com for our subscribers.
Bringing university research to market
Finding a way to commercialise research while supporting academic culture is an ongoing but necessary challenge for universities.
University of Michigan’s tech transfer office generated revenues of $14.6m and obtained 172 patents during the 2016-2017 financial year.
TEAC program connects Bristol spinouts
Zeetta Networks and Kets Quantum Security will have access to capital and mentoring for their wireless network and encryption technology respectively.
Delphi tracks down Nutonomy for $450m
Delphi Automotive will pay $400m upfront for MIT spinout Nutonomy, with earn-outs of approximately $50m.
VirionHealth clears $17.1m series A
The University of Warwick spinout is developing treatments for respiratory conditions such as influenza.
Scoutible finds path to $5m seed round
Stanford-StartX has contributed to a seed round for Scoutible, which uses machine learning technology to improve the recruitment process.
Corporates help sink $40m into DeePhi
The deep learning technology developer has raised $40m in a series A+ round from a consortium including Samsung and Ant Financial.
Auckland charges to PowerbyProxi exit
Apple has acquired the wireless charging technology developer, spun out of University of Auckland in 2007 and backed by New Zealand Venture Investment Fund.
Occipital processes Paracosm purchase
3D mapping technology developer Paracosm, which had received $3.3m in a 2014 round featuring iRobot, has been acquired for an undisclosed sum.
