The news roundup for the week ending 29 February 2016.
Mercia parts with $435,000 for In-Part
Mercia backs In-Part with a $435,000 investment as the company looks towards international expansion.
Woodford helps Metalysis mine $29m
Existing investor Iluka Resources has participated in a $29m funding round for Metalysis, which produces metal powders used in 3D printing.
Princeton attracts Maman to its Entrepreneurship Council
Anne-Marie Maman takes up the role of executive director of Princeton University’s Entrepreneurship Council.
Tsinghua Unigroup and TCL to combine for $1.5bn fund
Electronics producer TCL is teaming with the semiconductor producer for an investment fund that has so far received more than $275m from its founding partners.
The Parkwalk Technology Fund VII launches with plans to invest in five to seven companies that are using intellectual property from universities and R&D departments.
UC and Ratan Tata to back Indian startups
University of California teams up with Ratan Tata’s investment firm to fund startups in India over the next ten years.
Forty Seven gets halfway to $75m
GV has supported the initial tranche of a $75m series A round for Forty Seven, an immuno-oncology spinout of Stanford University.
Imperial Innovations shares its success
Imperial Innovation plans to raise $145m by placing new ordinary shares to London’s alternative stock exchange Aim.
Universities to build on British growth
The UK launches its Growth Builder program, co-created by UCL and Loughborough University, to support high-growth companies.
