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Page 37

UTokyo’s Aces acquires capital

Aces has obtained a eight-figure amount from University of Tokyo-focused venture fund Deep30, which mainly backs AI technologies from the university's Matsuo Lab.

May 29, 2019

Phasecraft computes $950,000

UCL Technology Fund and Parkwalk Advisors have backed UCL and Bristol-founded quantum computing software developer Phasecraft.

May 28, 2019

Medherant measures up to $3m

Mercia Technologies has returned to back Warwick-founded medtech spinout Medherant, which is preparing to advance its adhesive Tepi Patch technology through the clinic.

May 28, 2019

Upswing sizes up $2m

Stanford-backed student support platform UpSwing has added $2m from investors including Impact America Fund to take its total to approximately $5m.

May 22, 2019

Rinri rings in $1.8m seed round

Sheffield cell therapy spinout Rinri secured corporate backing from Boehringer Ingelheim and UCB in a seed round that will drive work on stem cell-based treatments for hearing loss.

May 21, 2019

Space Audit pulls clipboard out for $102,000

Space Audit Systems has been founded on University of Wolverhampton intellectual property to market software that formalises the process of auditing space usage.

May 17, 2019

Core centres mind on $4m

Meditation device manufacturer Core has attracted $4m from seed investors including Stanford-StartX Fund as it ramps up towards the full release of its product.

May 17, 2019

Modvion envelops $548,000

Modvion was founded with support from Chalmers Ventures and will collaborate with Chalmers University of Technology to construct a prototype wind electricity tower made from laminated timber near Gothenburg.

May 17, 2019

GripAble handles $669,000

ICL medical device developer GripAble has added funding from Triple Point Impact EIS Investment Fund to $198,000 of equity secured from investors including Oxford Technology Management in 2017.

May 17, 2019

Synaptec puts $3.7m in the grid

Power grid management technology developer Synaptec spun out of University of Strathclyde in 2014 and has now won support from the corporate-backed Foresight Williams Technology EIS Fund.

May 17, 2019

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