A roundup of all you might have missed from the past week.

News roundup for the week of 26 May – 1 June

 

Austin-based startup prints $1.5m

The seed funding round was largely led through MicroVentures.

Pennsylvania boosts UCSC’s tech

The money is granted by Pennsylvania’s Department of Health.

Russia highlights tech transfer issues

Held in St Petersburg, the event marked the eighth edition of the annual From Science to Business forum.

Twist Bioscience secures $31.1m

The company raises $26m in series B, and $5.1m in a contract with DARPA.

Endomagnetics develops higher performance probe

Concurrently, the probe’s lead developer is promoted to chief technology officer.

Pan-African fund to build education

The private equity fund will be worth a total $20m.

Epidarex stimulates life in the UK with $79.5m

Epidarex unveils the fund with backers such as King’s College London.

Nanomerics to smuggle antibodies into the brain

The University College London (UCL) spin-out heads consortium to develop new antibody medicine.

Ariel detects TechConnect award

The technology transfer office of the university has won a TechConnect Global Innovation award for its concealed weapons detector.

Aver Informatics closes $8.5m series A

The round was co-led by GE Ventures and Drive Capital.

Tyromer wins 2014 TiE50 award

The spin-out is one of just 50 recipients of the prestigious award.

BirdBrain flies towards Kickstarter

The Carnegie Mellon spin-out launches its new product on Kickstarter.

TexRad acquired in $1.3m deal

The Sussex University spin-out is sold to Feedback.

Gelexir secures nearly $600,000

Amongst the spin-out’s investors is Manchester University.

BBI to be floated on London Stock Exchange

Owner Alere is using the floatation to pay down debt.

Puteko celebrates 450,000 downloads

The Canterbury Christ Church University spin-out will increase its offering with new edition.

Cambridge will not forget

A new method of generating mature nerve cells could greatly enhance understanding of neurodegenerative diseases such as Alzheimer’s.

Isis Enterprise and idfinnov to collaborate

Oxford’s technology transfer office is partnering up with France’s idfinnov.

Yoyo rolls up $5m

The mobile payment and loyalty app has raised £2.96m in seed funding.

Elefunds stomp to California

The FU Berlin startup will make its way to Silicon Valley later in the year.

New Floridian incubator opens for business

One of the incubator’s partners is Florida State University.

Sustaining the ecosystem

News from Global Corporate Venturing’s annual symposium.