UAVC selects first three spinouts

Jun 21, 2018 •

Codelucida, Regulonix and Post.Bid.Ship have all been backed by UAVenture Capital.

Three US-based spinouts from University of Arizona (UA) have raised $2m on average from UAVenture Capital Fund (UAVC), a venture capital firm focused on the university’s intellectual property, Tucson.com reported today.

The recipients were as disk drive technology developer Codelucida, therapeutic painkiller supplier Regulonix and long-haul delivery marketplace creator Post.Bid.Ship. UAVC did not detail the exact levels of investment in each company.

Codelucida is creating error-correction codes for solid-state drives, which rely on such codes to improve robustness by increasing…

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