The news roundup for the week ending 20 May 2016.
Big deal: Aptinyx thinks about $65m series A
Northwestern University and Osage University Partners are among the investors in a series A round for the neurological disorder treatment developer, spun out of Northwestern spinout Naurex.
Investors wire $12.5m to Sol Voltaics
Nanowire solar cell technology developer Sol Voltaics has raised $12.5m in an Umoe-backed series C round, together with a $4.5m grant from the Swedish government.
Peking helps look after $300m fund
A healthcare sector fund jointly created by Peking University’s Founder Securities has secured $300m and has begun raising a second investment vehicle.
Sam Labs funding stems from Imperial
Imperial Innovations supports children’s understanding of science, technology, engineering and mathematics by investing in Sam Labs’ $4.6m round.
Pertinax sinks its teeth into $574,000
Mercia Fund Management backs Bristol University spinout Pertinax Pharma as it begins to scale up the production of its chlorhexidine-based product.
Leela Devi Dookun-Luchoomun, the Mauritius minister of education and human resources, tertiary education and scientific research, spoke at the launch of Mauritius University’s Knowledge Transfer Office.
Stanmore strikes acquisition deal
Stanmore Implants is acquired by Stryker Corporation, providing an exit to Imperial Innovations.
Cambridge to jumpstart nano-engine
Researchers at Cambridge University have created the first nano-engine and are now hoping to commercialise the technology.
At Waterloo, Wilan did partner
IP firm Wilan partners Waterloo University to provide assistance with the commercialisation of research through a sharing of resources, expertise and networks.
Purigen samples series A funding
Roche Venture Fund and 5AM Ventures have joined existing investors including StartX Fund for the oncology diagnostics spinout’s $18.2m series A round.
