Catch up with our regular roundup.

XO1’s blood flows into J&J

Pharmaceutical firm J&J acquires Cambridge spin-out XO1 and its “holy grail” of anticoagulants.

 

US tech transfer adds $1.18 trillion to economy

Report highlights US tech transfer impacts, including adding $1.18 trillion to industry output, $518bn to GDP, and the creation of nearly four million jobs.

 

NanoSun flares with $3.1m

NTU spin-out NanoSun snaps up $3.1m deal with Chinese state on water treatment.

 

Magnomatics’ wheels roll with £2m

Sheffield spin-out Magnomatics secures £2m from IP Group and Finance Yorkshire to capitalise on hybrid electric vehicle market.

 

UC Davis acts on Californian drought

UC Davis spins out agritech firm Tule to tackle irrigation problems in light of California’s four-year drought.

 

US-Russia partnership accelerates edtech growth

US-Russia Innovation Corridor brings Russian edtech startups stateside.

 

MIT firm has A round in its sights

MIT spin-out GelSight closes series A for 3D information capturing platform.

 

Darktrace hacks itself $18m

Cambridge cyber defence spin-out Darktrace secures $18m from Invoke Capital and others.

 

Indiana catalyses Health

Healthcare data firm Health Catalyst raises $70m in round backed by Indiana University Health’s venture arm CHV Capital.

 

Horowitz amped up for Berkeley’s big data

University of California Berkeley’s AmpLab spin-out Tachyon Nexus raises $7.5m series A backed by Andreessen Horowitz.

 

Williams takes Principal’s chair at Heriot-Watt

Heriot-Watt University names Richard Williams OBE as the institution’s principal and vice-chancellor.

 

Twente spin-out takes flight

Twente University spin-out Clear Flight Solutions secures $1.7m to develop robotic birds.

 

Universities lead healthy partnership

Pittsburgh University, its medical centre, and Carnegie Mellon partner on Pittsburgh Health Data Alliance to use data to solve health challenges to generate spin-outs.

 

Corporates help launch Marseille immunotechnology centre

Pharmaceutical companies Sanofi and Innate Pharma have joined a range of backers to launch a centre focused on therapies for cancer and inflammatory disease.

 

Blue Pillar supports $14m

Energy software firm Blue Pillar attracts $14m from numerous backers including university-partnered Claremont Creek Ventures.

 

Sakti3 hoovers up investment

Michigan spin-out Sakti3 secures $20m investment from vacuum cleaner manufacturer Dyson and others.

 

News roundup 17 March

Catch up with our regular roundup.