A roundup of exits, including IPOs and acquisitions, across the tech transfer ecosystem.
A roundup of exits, including IPOs and acquisitions, across the tech transfer ecosystem.
UTEC is celebrating an exit as Agara is acquired by Coinbase for a reported $40m to $50m.
Johns Hopkins spinout Blade Therapeutics has agreed to a reverse merger that will net it $24.3m in Pipe financing from backers including Osage University Partners.
The Ohio State spinout has gone public in an upsized IPO sized at approximately $182m.
Congruent Ventures has achieved an exit through the purchase of Blueprint Power by BP.
Having priced its shares at the top of its range, UChicago spinout Pyxis Oncology suffered a drop on the first day of trading.
Ouster has bought the Congruent Ventures-backed lidar technology developer and will restructure the business as a wholly-owned subsidiary called Ouster Automotive.
Tel Aviv University spinout CB4 has been bought by Gap after having raised at least $22m in equity financing.
The cancer drug developer has closed its initial public offering after underwriters exercised the greenshoe option.
MIT spinout Copious Imaging has been acquired by Anduril Industries for an undisclosed amount.
UChicago spinout Pyxis Oncology is aiming to raise more than $153m in its initial public offering, having set a price range of $14 to $16.
The Access Industries and Grupo Wiese-backed workspace and short-term accommodation service is merging with BOA Acquisition Corp in a reverse takeover at a valuation of about $1.2bn.
Citi Ventures-backed Braze priced the offering above its range and it valued the customer engagement software producer at almost $5.9bn.
The Alibaba, Ant Group, Berkshire Hathaway, Intel and SoftBank-backed e-commerce payment app operator is set to list on the NSE and BSE next week at a potential valuation of up to $18.7bn.
Amazon, Ford, Cox Enterprises, Abdul Latif Jameel and Sumitomo are all notching up exits, as the electric jeep producer priced the largest initial public offering of 2021.
Global University Venturing is a quarterly magazine and website written for and about universities taking stakes in the spinout companies of staff and students. We help universities to share best practice and to connect with each other, with investors and with other useful parties in the innovation ecosystem. Our aim is to help improve the processes of bringing innovations from academia to the market and facilitate their integration into the business ecosystem.
