The news roundup for the week ending 3 June 2016.
Patient Capital and University Venture Funds in the UK
Tony Hickson, managing director technology transfer at Imperial Innovations discusses the development of patient capital as an instrument to fund UK science companies.
Affectiva gets emotional for $14m
CAC, Bandai Namco and Sega all took part in the round as new investors, helping the WPP-backed emotion recognition software company boost its total funding to $34m.
Stem cell company Definigen, a Cambridge spinout, raises $2.3m to launch new pancreatic and lung stem cell products to support predictions of drug candidates before clinical trials.
Decisio Health looks after $4.5m
Texas spinout Decisio Health launches its bedside clinical intelligence platform to support healthcare staff in hospitals following a $4.5m series A round.
Imperial College beams $17m partnership
Following the opening of the UK’s first proton beam treatment centre in 2018 or 2019, Imperial College London and the centre will commence a $17m research partnership.
Tsinghua to acquire voting control of 21Vianet
Tsinghua University gains approval for an investment in data centre service provider 21Vianet to control 51% of its voting share with an approximate 21.4% share stake.
Metamaterial Technologies manufactures Rolith acquisition
The deal provides an exit to Asahi Glass, which backed Stanford spinout Rolith’s series A round in 2012 through its subsidiary AGC America.
Louisiana seeks business mentors
LSU looks for businesspeople close to the university to mentor its faculty and researchers in entrepreneurship to support the I-Corps Sites summer program.
Accelerate Learnings speeds towards $10m
Accelerate Learning, a company created in conjunction with Rice University, aims to support the teaching of science, technology, engineering and mathematics in schools.
The robotics technology developer, a spinout of Ritsumeikan University, has received money from a consortium including INCJ and Mitsubishi UFJ Capital.
