Catch up on last week's news.
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Toronto’s Bionym rebrands ahead of product launch
Bionym, a spin-out of Toronto developing wearable security devices, rebrands as Nymi ahead of product launch.
Eshelman thanks Chapel Hill with $100m
Fred Eshelman, Chapel Hill graduate and founder of Pharmaceutical Product Development, returns $100m to his alma mater.
Dark clouds disperse as Naurex raises $80m
Returning backers included Baxter Ventures, Takeda Ventures and Lundbeck, as Northwestern’s Naurex, which is developing treatments for depression, boosted its total funding to $135m.
Apollo Education Ventures launches out of Apollo Education Group to invest in higher education.
Xfund marks the spot for Harvard’s $100m
Harvard’s early-stage Xfund investment vehicle gets a second wind with latest $100m raise.
UCLA’s Carbonics launches with $5.5m
Carbonics, a spin-out of UCLA, has launched from the institution’s green technology incubator with $5.5m.
Rowan University names Howard Lubert as managing director of its $5m university venturing fund.
Sun never stops shining at Delft
Delft University of Technology spin-out Eternal Sun secures $2.5m series A for solar simulator technology.
Michigan pulls off $60m investment hat-trick
Michigan University reveals investments into three funds totalling $60m.
Otago spin-out gets to the DNA of Ebola
Otago’s Ubiquitome partners US-based Integrated DNA Technologies to fast track field diagnosis kit for ebola.
Epidarex adds meat to Sirakoss’ bones
Aberdeen medtech spin-out Sirakoss attracts $4.8m series A from Epidarex and others for synthetic bone grafts.
UCLA spin-out Keyssa emerges from stealth mode with $47m backing to launch “Kiss Connectivity”.
Life sciences firm Elekta signs agreement with Toronto spin-out Acumyn for its quality management system.
WSU students join in on venture
Wayne State University joins the growing number of institutions offering a student-run venture fund.
Entrepreneurship at British Columbia goes up to 11
University of British Columbia’s incubator announces nine investments out of its seed fund, setting foundations for $11m in additional external funding.
Aqualogy pigs out on Bristol’s PCIP
“Ice pigging” specialist PCIP, spun-out of Bristol University, is acquired by water management firm Aqualogy Environment.
Cincinnati University’s Technology Commercialisation Accelerator receives $1m from Ohio’s Third Frontier Commission.
Narrative Science adds $10m to story
Narrative Science, which is developing technology to create narratives from data, has increased its total funding to $32m after raising $10m from investors including SAP.
Germany’s High-Tech Gruenderfonds invests in augmented reality startup Bitstars.
Princeton University licensee BioNano raises $53m in series C.
Korean smart sensor developer raises a $5.7m investment from Value Investment Korea to develop its technology.
