The news roundup for the week ending 10 March 2017.
The Yale spinout has closed an oversubscribed $80m funding round that featured Osage University Partners and Connecticut Innovations, boosting its total funding to $100m.
Amrita launches cybersecurity hub
The hub will unite research, funding and industry under the same roof and is an initiative of Amrita University’s Technology Business Incubator and Centre for Cybersecurity Systems and Networks.
Uniseed roots for spinouts with $15m fund
Melbourne, Sydney, New South Wales and Queensland universities will each invest $3.8m in the fund over the next five years.
Michigan universities receive tech transfer boost
Michigan University and Michigan Technological University have been granted $2.2m in total capital to support technology transfer.
Spero shoots through series C target
GV has led a consortium that included Osage University Partners in an overubscribed round that closed at $51.7m.
Illinois universities produce 129 spinouts
A report by the Illinois Science and Technology Coalition shows the US state of Illinois’ institutions have generated 129 spinouts between 2012 and 2016.
Huang steps up to CEO job at StartX
Joseph Huang has been appointed the new chief executive of Stanford University’s accelerator StartX as the institution reaffirms its commitment with continued funding.
