The news roundup for the week ending 2 September 2016.
Khan Academy catches Duck Duck Moose
Stanford-backed edtech Duck Duck Moose has been acquired by Khan Academy for the symbolic sum of $1.
Arcus Biosciences reveals $120m of funding
Celgene, Novartis, GV and Taiho Ventures are among the backers that provided the funding for the Stanford-backed immuno-oncology company over two rounds.
William Wang has been appointed managing director of the Tsinghua Technology Transfer Fund.
Debiopharm produces GenePoc investment
Debiopharm has committed an eight-figure sum to recently acquired subsidiary GenePoc and has also agreed to set up a new production line.
The fund’s LPs include Ohio State University, Ohio Third Frontier and several corporations.
The Stanford spinout is working on technology that enables the real-time mapping of the brain and has now secured a total of $11.5m in funding.
Deal net: 29 August – 2 September 2016
The Global University Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.
