A roundup of all the latest news on www.globaluniversityventuring.com for our subscribers.
Cambridge Enterprise, Parkwalk launch fifth fund
The tech transfer office and Parkwalk Advisors launched the latest $3m Enterprise Fund just ten months after Fund IV was opened to investors.
Oxford PV brightens with $10m series C extension
The solar technology provider, an Oxford University spinoff, received additional capital from investors like Statoil’s $200m energy ventures fund.
Citim materialises acquisition
Oerlikon has acquired Citim, a spinout of Madgeburg that offers additive manufacturing and rapid prototyping.
CIC names Williamson investment director
Cambridge alumnus Williamson has joined the university venturing fund after 20 years in the US, most recently at True North Venture Partners.
Tenaya heartened by $50m series A
A spinout from UCSF affiliate Gladstone Institutes, Tenaya secured funding from VC firm Column Group to develop cures for heart disease.
Allied Minds beats target with $81m placing
The life sciences and tech commercialisation company sold 17 million new shares to investors including Woodford, which contributed $19m.
A developer of technology to speed up enzyme discovery, EnzBond secured seed funds from the institution’s Oxford Sciences Innovation.
Lilium Aviation soars to $10m series A
Technical University of Munich-backed Lilium, a flying car developer, has secured funding from VC firm Atomico as it looks to start flight tests in early 2017.
NFL Players Association scores accelerator
The union representing National Football League players has lined up six partners including Harvard Innovation Lab to launch the sports accelerator.
Spinouts: a marriage made in heaven – or hell?
Dorothy Agnew, who has advised on the launches of a number of spinouts, highlights the areas all should be aware of if considering a spinout of their own, and explains the pitfalls into which promising young businesses too often fall.
Keith Marmer named executive director of TVC
Marmer, former chief business officer at Pennsylvania University’s Penn Centre for Innovation, will lead Utah University’s tech transfer office, TVC.
Chicago launches $25m investment initiative
The UChicago Startup Investment Program will offer qualifying companies a maximum of $500,000 for a series A funding round.
The Global University Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.
