News roundup 8 April 2019

Deal net: 1 – 5 April 2019
The Global University Venturing Deal Net rounds up the week’s smaller deals and tracks the startups emerging from universities and raising funding.
CIC collates $196m in new capital
The fresh capital, anchored by University of Cambridge and its Endowment Fund, will enable patient capital-orientated vehicle Cambridge Innovation Capital to make new bets and sustain investments in its existing portfolio.
Precision Bio hits public markets with $126m
The corporate-backed genome editing technology developer Precision BioSciences, which was spun out of Duke University, floated in the middle of its range and is now valued at more than $780m.
UTokyo IPC ignites accelerator
The UTokyo IPC 1st Round accelerator is being supported by six corporates, providing 10 startups each year with the chance to receive up to $900,000 in funding.
Fifth Eye channels $11.5m
University of Michigan critical care monitoring technology spinout Fifth Eye has collected series A funding from investors including the university’s Mints fund.
NextGen Jane nets $9m in series A funding
NextGen Jane, which is looking to commercialise reproductive health technology partially developed at Harvard, has received $9m from investors including Harvard-affiliated backers.
SambaNova snags $150m
Stanford-founded AI application platform developer SambaNova has raised $150m in a series B round led by Intel Capital that also featured existing investor GV.
Mints chips in to $6m Movellus round
University of Michigan’s Mints vehicle joined existing investor Intel Capital for SOC producer Movellus’ series A round, which increased the company’s overall funding to $10m.
Tohoku University connects with Rakuten
The industry-academia partnership will start out with collaborations in the healthcare, robotics and human resources spaces, including a sports science tie-up with a Rakuten-owned baseball team and plans for software development hackathons.
Oxford Nanopore sets sights on IPO
The Oxford University genetic sequencing spinout is reportedly mulling an IPO that would provide exits to investors including commercialisation firm IP Group.
Hungry devours $8m
Catering services marketplace Hungry has now raised $12.5m in total, having added university venture unit James Madison Innovations to its investment consortium.
UT Health San Antonio loads biomedical accelerator
TechNovum will run from June to October 2019, providing the UTS institute’s faculty with assistance in validating their biomedical propositions for the market.