A roundup of all the latest news on www.globaluniversityventuring.com for our subscribers.
OSU’s DatAnchor latches on to funding
OSU-founded cybersecurity business DatAnchor has officially launched with an undisclosed sum from the multi-university-backed Ohio Innovation Fund, and Dundee Venture Capital.
Drone Amplified ignites with $500,000
UNL spinout Drone Amplified has devised a drone that conducts fire management stress tests on parklands by dropping small combustible balls filled with glycol on targeted pieces of land.
UAVC sparks $100m second fund
Third-party venture firm University of Arizona Venture Capital raised its first fund last year and has since backed five Arizona-linked businesses with an average cheque size of $2m.
NovaUCD signs up student-founded duo
Evervault is pursuing seed funding for encryption software that protects compromised networks, while MyStudyPal has launched an academic timetabling app.
5C Network radiates seed funding
Indian Institute of Management, Ahmedabad joined Unitus Ventures and Axilor Ventures to supply seed capital to radiology directory 5C Network, which helps hospitals access radiology expertise.
Featurespace authenticates $32.9m funding round
IP Group put up $5.4m for Cambridge fraud detection spinout Featurespace’s latest round to bring the company’s overall funding haul to $70.9m.
Stanford gets in Sandbox for $68m round
Virtual reality entertainment operator Sandbox VR has amassed $68m in series A capital from investors including Stanford University.
Cambridge Enterprise bowls over Bailey
University of Cambridge’s commercialisation arm has found a new entrepreneur-in-residence in Paul Bailey with experience in human capital planning and links with local academic-industry initiatives.
Knotch captures $20m series B
Backed by Stanford-StartX Fund, marketing intelligence platform Knotch has now secured at least $31.5m in total funding and will now pursue technology upgrades and and internal expansion.
CIIE breathes funding into Oizom
IIM Ahmedabad’s incubator supplied seed funding to help environmental monitoring startup Oizom Instruments pursue marketing, product enhancements and R&D.
Seismos extracts $10.5m
Osage University Partners has put up additional capital for oil and gas fluids monitor developer Seismos, which was founded by students from University of Texas.
Celgene enters Triphase with $40m
Facit-backed oncological development initiative Triphase Accelerator has struck a deal with Celgene for its TRPH-395 blood cancer treatment as the drug nears clinical trials
SetSquared Bristol’s startups sweep $105m in 2018
Members of SetSquared Bristol generated less funding than in 2017, though it may instead remember last year for diabetes treatment developer Ziylo’s sale to Novo for up to $800m.
Encamp pitches up seed capital
Environmental compliance software startup Encamp has amassed $1.1m from investors including IU’s Philanthropic Venture Fund.
Sphere Fluidics orbits $2m
Cambridge-founded automated cell analytics platform Sphere Fluidics has added $2m of funding, bringing its lifetime haul to $14.9m.
Blue Water seeks $15m injection
US-based Blue Water Vaccines has an option on University of Oxford research into a universal influenza shot and is looking to raise $15m in funding.
Sousei hosts Kyoto University for $4.1m
Smart home technology manufacturer Sousei Technology also collected funding from Aioi Nissay Dowa Insurance in a round that will help it deliver upgrades and additional services.
Bosch backs IISc-incubated Simyog Technologies
Incubated at Indian Institute of Science, Simyog has been backed by Robert Bosch for software that helps automotive parts manufacturers test for electromagnetic interference.