Sectors
Bruce Zimmerman has resigned as chief executive of Utimco, the investment company of University of Texas System.
Based on research conducted at MIT Media Lab, Oblong Industries is developing spatial, gesture-enabled technologies and has now added Utimco to its shareholders.
Sydney University has put $1m into a student-founded accelerator as Phoenix University opened its innovation hub RedFlint and Harvard University's Jeff Bussgang unveiled a $2.5m fund.
The amount marks the first close of a larger round for the Tokyo University-backed online advertising platform, though the target size has not yet been revealed.
NextView Ventures and FirstMark Capital have co-led a seed round for autonomous driving technology developer Optimus Ride, a spinout out of MIT.
Chicago University has united its commercialisation arm and its innovation hub with the Polsky Center following a $35m donation from Michael Polsky.
The big data digital health company has received $15m from investors including GE Ventures, which launched Evidation last year in partnership with Stanford Health Care.
The immuno-oncology antibody developer added $7m to a round already containing University of Texas system's MD Anderson, which helped spin out OncoResponse a year ago.
The advanced electrocardiogram developer, spun out of Stanford University, has set the range for an initial public offering sized at up to $91m.
Global University Venturing (GUV) is where tech transfer, academic and investment experts meet to explore the latest ideas and technologies driving innovation forward. We drive the discussions and share best practices that are critical to the success of spinouts, scaleouts and innovation programmes. Our aim is to help improve the processes of bringing innovations from academia to global markets and facilitate their integration into the broader business ecosystem.
