100 sign Innovate Cambridge charter
Cambridge Enterprise, Cambridge Innovation Capital and University of Cambridge are joined by 100 signatories like AstraZeneca and Microsoft for the Innovate Cambridge initiative.
Rice chooses Cherukuri to lead innovation
Rice University has found its inaugural vice-president for innovation in Paul Cherukuri, currently executive director of its Institute of Biosciences and Bioengineering.
Albertson accepts Georgia Tech job
Mary Albertson is the new director for Georgia Tech’s Office of Technology Licensing, joining from University of Utah’s Pivot Center.
OSE obtains another $300m, reaches $1bn
Oxford Science Enterprises now has just over $1bn under management and already boasts a portfolio of more than 80 University of Oxford spinouts.
CardiaTec captures $1.7m
Cambridge Enterprise has put cash into CardiaTec Biosciences in a pre-seed round that marks the inaugural deal for Laidlaw Scholars Ventures.
OQC heads to Japan after $46m series A
Oxford Quantum Circuits' series A round is already among the largest for a European quantum company and could still go higher.
Berkeley taps into its ecosystem in a new way
The new Berkeley Frontier Fund reinvents the venture capital model by building in donations to University of California, Berkeley.
Carma clinches $50m first close
Ascenion and Goethe University Frankfurt are among the initiators of Carma Fund I, which will help start up and fund early life science projects.
Elypta elicits $21m series A
Chalmers spinout Elypta is working on a metabolism-based liquid biopsy for early cancer detection that it hopes will catch any type of the disease.
Melbourne doubles down on venture funds
Tin Alley Ventures and Genesis Pre-Seed Fund will have a total of nearly $81m at their disposal to invest in University of Melbourne’s innovations.
Deals: June 1, 2022
Orphan CNS therapy developer Minoryx Therapeutics closed a $54.8m series C and MIT's The Engine co-led a $10.5m seed round for Foundation Alloy.
Exits: May 31, 2022
Evotec has bought University of Modena and Reggio Emilia spinout Rigenerand for $24.7m.
Deals: May 31, 2022
ZGT has raised $48m from Tsinghua Holdings Capital, CAS Star and others, while University of Cambridge spinout Colorifix has pocketed $22.7m.
Deals: May 27, 2022
The Global University Venturing deal net rounds up the smaller investments from across the university innovation ecosystem.
Six ways to increase university spinout success
Spinout creation rates vary wildly at universities and intelligent capital and corporate partners have a big role in changing the numbers.
JLR: “We want people to think of a car like a Hermes…
The carmaker is exploring a "car for life" that gets upgraded as your needs change and other ideas at a new innovation centre it has set up at Warwick University.