This is the July edition of our spinout tracker — you can find links to previous months at the bottom. It is updated weekly throughout the month.

We welcome submissions from tech transfer offices with information on their latest spinouts.

If you would like one of your portfolio companies considered for inclusion in a future list, please send us an email. Eligible companies must be early stage. However, they need not have raised capital yet and can use this list to advertise that they are open to investors.

Added Company University Location Sector Technology Round Amount ($m) Investors Amount ($m)
05/07/2024 Cambridge Electric Cement University of Cambridge UK Cleantech Develops a process for making low carbon, recycled cement using electric arc furnaces. Seed 2.9 Zero Carbon Capital; Legal & General; Cambridge Enterprise Ventures; Parkwalk Advisers; Delph25; Almanac Ventures $0 – $5m
05/07/2024 MI:RNA Scotland’s Rural College UK Healthcare Veterinary diagnostics company focused on early diagnosis through biomarker technology and AI platform Series A 4 NovaQuest; Kyoritsu Holdings; Vane; Animal Health Angels; Companion Fund I $0 – $5m
08/07/2024 Alkira Bio The Florey Australia Healthcare Novel drug discovery platform Seed Undisclosed Curie.Bio Undisclosed
08/07/2024 Natcap University of Oxford UK Services Geospatial data platform for helping companies include nature-related risks and opportunties into business strategy. Series A 10 Norinchukin Capital; Yeo Ventures; Pelican Ag $5.1m – $10m
07/12/2024 Genica University of Sao Paulo Brazil Agriculture Developer of bioproducts for agriculture Undisclosed 12 Agrex; Banco do Brasil $10.1m – $15m
07/12/2024 Planqc Max-Planck-Institute Germany Information Technology Developer of digital atom-based quantum computing Series A 54 Catron Holding; DeepTech & Climate Fonds; Bayern Kapital; Max-Planck Foundation $50.1m – $55m
07/12/2024 Orion Therapeutics University of Tennessee Graduate School of Medicine US Healthcare Provider of solutions for precise and targeted delivery of RNA therapeutics Unsdisclosed 0.3 University of Tennessee Reserach Foundation $0 – $5m
07/12/2024 Arcra Matsuo Lab, University of Tokyo Japan Information Technology Artifical intelligene-driven software for business applications Undislcosed Undisclosed Deep30 Undisclosed
07/12/2024 Pan Cancer T Erasmus University Medical Care Netherlands Healthcare Developer of advanced T cell therapies for solid cancer treatments Seed Extension 4.6 InnovationQuarter Capital; Van Herk Ventures, Thuja Capital; Swanbridge Capital, Erasmus MC O&O Holdings $0 – $5m
07/12/2024 Glen Clova Scientific Dundee University UK Healthcare Developer of biologic drugs Undisclosed 5.2 Norcliffe Capital; Tricapital Angels; Scottish Enterprise; DSW Ventures $5.1m – $10m
07/12/2024 3Daughters University of Massachusetts US Healthcare Inventor of a nonhormal, frameless IUD contraceptive device Seed Extension 4.7 Thairm Bio; Argosy Foundation; Wexford Science and Technology; UMass Amherst $0 – $5m
07/12/2024 Material Gate Hiroshima University Japan Healthcare Single molecule dielectric semiconductor material producer Seed Extension 1 Tokyo Ohka Kogyo; Incubate Fund; UntroD Capital Japan; Hioshima Venture Capital; Japan Finance Corporation $0 – $5m

This list is for informational purposes only. It does not constitute investment advice.

Previous lists

Kim Moore

Kim Moore is the deputy editor of Global Venturing and produces video for the website.