The news roundup for the week ending 14 October 2016.
Crossing a small chasm: the road to a shorter university startup licensing process
Is the university startup licensing process too onerous?
Eccrine Systems is developing advanced, wearable, sweat sensing systems based on research and intellectual property that originated from Cincinnati University and the Air Force Research Labs at Wright Patterson Air Force Base.
The advanced electrocardiogram developer, spun out of Stanford University, has set the range for an initial public offering sized at up to $91m.
King’s College London houses 20 startups
The university has launched its accelerator through the King’s Entrepreneurship Institute, which will support 20 startups over the next 12 months.
Helsinn finds OncoResponse in $19.5m series A
The immuno-oncology antibody developer added $7m to a round already containing University of Texas system’s MD Anderson, which helped spin out OncoResponse a year ago.
Evidation proves series B success
The big data digital health company has received $15m from investors including GE Ventures, which launched Evidation last year in partnership with Stanford Health Care.
The VU Hangar is open to anyone in the local ecosystem, including startups, small businesses and entrepeneurs as well as university staff, researchers and students.
Chicago innovates under Polsky umbrella
Chicago University has united its commercialisation arm and its innovation hub with the Polsky Center following a $35m donation from Michael Polsky.
NextView Ventures and FirstMark Capital have co-led a seed round for autonomous driving technology developer Optimus Ride, a spinout out of MIT.
PraxisUnico considers merger with Auril
The two organisations have opened a consultation to collect feedback on whether they should form a combined entity.
InfiniLED enters Oculus reality
Oculus has acquired Tyndall spinout InfiniLED, which produces high-quality displays with low power consumption.
The amount marks the first close of a larger round for the Tokyo University-backed online advertising platform, though the target size has not yet been revealed.
Deal net: 10 – 14 October 2016
The Global University Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.
