The news roundup for the week ending 4 November 2016.

Imperial Innovations to rename to Touchstone

The commercialisation firm spun out of Imperial College London is seeking shareholder approval to rename itself to Touchstone Innovations.

Promethera relights series C round

Promethera Biosciences, a cell therapy developer spun out of Université Catholique de Louvain, has raised $11m from investors including Walloon government-backed SRIW.

Start-up NY programs 39 additions

A total of 39 early-stage companies have joined the New York program which creates tax-free zones for businesses that collaborate with a university and create local jobs.

Pennovation Center unites innovators

Pennsylvania University has opened its new hub that will support scientists and students to develop their research and ideas and collaborate with the private sector.

UBiome builds $22m series B habitat

Stanford’s StartX Fund has contributed to a series B round for UBiome, which will use the money to drive recruitment and conduct tests at its clinical lab.

Surrey accelerates $2.9m program

The program will be delivered through SetSquared, with the cash coming from the EU’s European Regional Development Fund.

WUSTL seeds William Greenleaf Eliot fund

Washington University in St Louis has unveiled a $2m seed fund aimed at companies with a link to the institution.

Deal net: 31 October – 4 November 2016

The Global University Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.