The news roundup for the week ending 30 September 2016.

Advisory Boards: often underestimated, never overvalued

Jo Vanwittenbergh, marketing and business development manager at law firm NautaDutilh, offers eight tips to create an advisory board that is more than a pretty face.

Startup Health journeys to Colorado

Colorado University’s Anschutz Medical Campus and UCHealth as well as Children’s Hospital Colorado are set to benefit from an innovation hub that will support commercialisation efforts.

Daimler’s Startup Autobahn accelerator reaches Singapore

The scheme, initiated in Stuttgart last year, will be replicated in Singapore in partnership with NUS Enterprise and Plug and Play.

Fortis gains $18m series A strength

UC San Francisco spinout Fortis Therapeutics has closed an $18m series A round backed by Osage University Partners and an investment subsidiary of Eli Lilly.

Allied Minds and GE study collaboration

GE Ventures and Allied Minds have established a strategic alliance to commercialise technologies from both partners’ pipelines.

ReadCoor visualises $23m series A

The gene sequencing technology developer has been spun out of Harvard University with $23m in series A capital provided by investors including Eli Lilly.

Deal net: 26 – 30 September 2016

The Global University Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.