The news roundup for the week ending 4 March 2016.
Inopen puts acquisition on the curriculum
Computer Masti, a computer science curriculum, drives the acquisition of Indian Institute of Technology spinout Inopen Technologies by Next Education.
Quantum Imaging leaps into series A
Leeds University and IP Group take part in a $6.4m round for medical imaging company Quantum Imaging to support commercialisation efforts.
Power conversion technology developer Arctic Sand Technologies has closed a $19m series B round led by Murata and backed by GE Ventures.
The university has set up a new seed-stage fund to build on its successes from last year, when Purdue created a total of 40 new businesses.
Salesforce predicts machine learning future
Stanford StartX-backed PredictionIO is acquired by cloud computing company Salesforce for its machine learning technology.
Oregon State co-creates startup fund
Oregon State University launches fund with Rogue Venture Partners that is expected to raise between $10m and $20m and will invest in companies within the state.
Rose-Hulman Institute of Technology reinvests in Nico to support its neurosurgery medical devices and its plans to commercialise more products and expand geographically.
Frontier IP journeys to Portugal
Universidade de Évora signs an agreement with intellectual property development firm Frontier IP, marking the first commercialisation partnership for the firm outside the UK.
Corporates chip in $10m for Inpria
Air Liquide, Samsung, Intel and Tokyo Ohka Kogyo have provided $10m for semiconductor photoresist maker Inpria, effectively doubling its total funding.
An Edinburgh University spinout transmitting data with light has raised $2m as it prepared the launch its USB dongle at the Mobile World Congress.