The news roundup for the week ending 1 April 2016.
Japan plan to invest more than $1bn through four of its universities’ venture funds, with Tokyo using most of the money for a fund of funds.
Tableau Software has acquired Technical University of Munich spinout Hyper, a data visualisation technology developer.
Oakland takes on Michigan talent
Oakland University aims to guide more faculty members with intellectual property towards commercialisation by employing Michael Long, formerly of Michigan University.
Sistema teams with TUS for $100m fund
The Russia-based conglomerate is partnering Tsinghua University’s business arm and putting up 30% of the capital for a fund that will be sized at up to $100m.
Sphere Fluidics rounds off $7m
The Cambridge spinout previously raised a $2.5m series A round backed by the university and up to $3.4m in a 2014 funding round backed by Parkwalk Advisors.
Neuroloop circles big investment
The Freiburg spinout has secured an undisclosed amount from Aesculap that is said to be one of the largest corporate venturing investments in a German spinout to date.
Emulate copies $28m into series B
The Harvard spinout has raised a second funding round that included existing shareholder Cedars-Sinai, boosting its total equity funding to $40m.
Utrecht latches on to Baxalta for $7.9m series A
Utrecht Holdings participated in a round that will support the cancer immunotherapy spinout as it looks to advance a leukaemia candidate into clinical testing.
Skoltech’s new president reveals plans
Alexander Kuleshov talks about his role as the president of Skolkovo Institute of Science and Technology (Skoltech), created in collaboration with MIT.
Imperial Innovations to lose Knight
Imperial Innovations chairman Martin Knight is to stand down from his role at the end of July following 13 years at the firm.
Spectral Edge inches towards $2.1m
East Anglia spinout Spectral Edge is working on technology to help colour-blind people better recognise individual colours.
Start-Up NY continues expansion
A host of businesses join New York’s Start-Up NY program where they partner with universities to gain access to resources and experts in return for investment and job creation.
