A round up of all the latest news on www.globaluniversityventuring.com for our subscribers.
Big deal: France’s ambitions for Paris-Saclay puts university venturing to the test
Launched earlier this month, the fund has been backed by a large array of corporates and the French government and may change the commercialisation ecosystem in the capital.
Apcintex is treated to $17.5m series A
Touchstone Innovations has co-led the series A round for Apcintex, a spinout of Cambridge University that is working on a treatment for haemophilia.
UChicago develops a taste for Gusto Global
The university’s Polsky Center has spun out Gusto Global, a drug developer targeting the human microbiome.
Eight entices Comcast back for $5m round
Comcast Ventures, a participant in the smart mattress developer’s $6m seed round last year, has come back for its $5m series A round.
PPF stars in Cellestia’s $8m seed round
Cellestia Biotech, an oncology drug spinout of EPFL, has closed its seed funding at $8m after securing a third tranche backed by PPF Group, the owner of biotech company Sotio.
SetSquared and Oracle partnership crystallises
Oracle has launched its Startup Cloud Accelerator in Bristol in partnership with SetSquared.
