The news roundup for the week ending 5 February 2016.
Tom Hockaday to leave Isis Innovation
After sixteen years at Isis Innovation, Tom Hockaday is standing down. Gregg Bayes-Brown speaks to Tom on his legacy with the tech transfer office, current themes in university innovation and what is next for the head of Isis.
Zeetta networks its way to $1.8m
Zeetta Networks gains $1.8m in funding to accelerate its company growth by increasing its commercial and technical teams.
Aalto University spinout Synoste raises a “single digit million euro” series A investment to fund its bone deformity treatment clinical trials and European sales centre.
Oxford Endovascular treats itself to $2.9m
A potential brain aneurysm treatment device created by Oxford University spinout Oxford Endovascular has gained funding to complete manufacturing and move on to clinical trials.
Investors put together $86m for funding Mission
Existing backers including GlaxoSmithKline and Roche were joined by Pfizer and Woodford Patient Capital for the Cambridge spinout’s series C round.
Qeexo touches on $4.5m series B
A Carnegie Mellon University spinout that develops technology to enhance human–computer interaction has raised $4.5m to hire more staff and increase its research and development.
Michigan gets $17.5bn economic bump
Michigan’s three largest higher education institutions together supported the state’s economy by $17.5bn in 2015.
Cambridge University intellectual property is set to create a potential treatment for increased blood pressure in pulmonary circulation.
Minnesota University takes flight with Sentera
Minnesota University and drone developer Sentera joined forces to create an autopilot toolkit and release the results under an open-source licence.
Nomura has partnered Keio University to raise an $84m fund aimed at startups in sectors such as space technology, life sciences and regenerative medicine.
