Catch up with our regular roundup
Rigontec extends series A to $15.6m
The biopharmaceutical company added €4.8m to a series A round already backed by High-Tech Gruenderfonds and Boehringer Ingelheim.
Medtronic sweetens $44m Semma series A pot
Diabetes treatment company Semma will use the funding, as well as a strategic partnership with Novartis, to move its programme through initial clinical trials.
Malin helps administer $50m for Novan
Malin Corporation has backed a $50m funding round for UNC’s biotech spin-out with a focus on dermatology.
Boston Scientific helps InterVene negotiate $5.9m series A
The medical device maker has backed a series A round for InterVene, which hopes to treat a condition where veins are incapable of pumping enough blood to the heart.
TheySay Miliband won election debate
Oxford spin-out TheySay gives social victory to Miliband in first of the UK general election debates.
St Andrews covers corners on M-Squared deal
Dundee spin-out M-Squared to partner St Andrews on laser deal to treat cancer and other conditions.
2-DTech adds extra dimension to its offering
Manchester spin-out 2-DTech expands its graphene offering with the introduction of chemical vapour deposition techniques.
Minnesota gets NIH health shot
The US National Institutes of Health provides $3m to Minnesota to escalate the commercialisation of healthcare products.
IP Group opens for £128m fundraising
UK-based commercialisation firm IP Group to go ahead with £128m fundraising.
TTTech crosses T’s on €50m round
General Electric, Infineon and Audi provided the funding, and all plan to incorporate TTTech’s safety control technology into their products.
Microsoft acquisition causes revolution at Yale
Yale data science spin-out Revolution Analytics acquired by Microsoft for unspecified sum.
USC’s brains powered by $50m donation
University of Southern California receives $50m donation for brain research from venture capitalist Mark Stevens.
STEM gap to cost UK low-carbon economy £6.7bn by 2023
Skills deficit in STEM subjects estimated to cost the UK low-carbon economy by 2023.
ESA sends UCD spin-out into orbit
Space data firm Parameter Space, a spin-out of University College Dublin, lands €800,000 contract from the European Space Agency to collect data from Gaia satellite.
Cambridge spin-out holds improbable $20m round
Cambridge’s Improbable secures $20m from Andreessen Horowitz for simulated worlds.
Manchester wastewater treatment spin-out Arvia closes investment from Parkwalk for undisclosed sum.
Innovations adds incubator to offering
Imperial Innovations launches incubator focused on science and technology.
University of Central Florida opens Joust competition to showcase startups.
Scotland searches for wave energy
State-backed Wave Energy Scotland launches international technology innovation competition.
Duke University setting up “quasi-endowment” worth $45m annually for School of Medicine.
