News roundup for 26th October 2015

Apple coughs up $234m to Wisconsin in patent case, Aussie universities plan $200m IP Group-Down-Under, and SCRI makes its latest move on immunotherapy.

 

Nexgenia partners SCRI on immunotherapy

Washington spinout Nexgenia to partner Seattle Children’s Research Institute, one of the three behind Juno Therapeutics, on immunotherapy.

Apple to pay Wisconsin $234m in patent case

Jury orders Apple to pay Wisconsin University $234m in damages over processor patent infringement.

Missouri plans for new startup fund

Missouri University announces plans for accelerator fund for startups, pencilled in at $1m to $3m.

Dyson sucks up Sakti3

Vacuum cleaner developer Dyson acquires Michigan battery spinout Sakti3 for $90m.

Bowdoin outstrips top US universities on endowment

Bowdoin College – a small Maine-based college – returns a larger percentage of its endowment than US academic heavyweights.

Australian universities unite on commercialisation

Australian universities pull together on potential $200m commercialisation company.

Sanofi Sunrise helps close Portal series B

Sanofi’s corporate venturing subsidiary returned to back a $25m round for drug delivery system company Portal Instruments, closed a year after its $11m series A.

Poynt directs Alphabet to $28m series B

Alphabet subsidiary Google Ventures has made its second investment in Poynt, which is preparing to commercially launch its smart payment terminal.

Mercia sends smart transmissions

Mercia Technologies supports Birmingham telecoms spinout Smart Antenna in £1.5m round.