U-M commits $20m to four spinouts

University of Michigan will supply an initial $2.75m in funding to MemryX, Ripple Science, GreenMark Biomedical, and Give and Take, and could invest as much as $20m altogether.

Mead makes his way to Mobeus

Matthew Mead has resurfaced at Mobeus Equity Partners as a venture partner ten months after stepping down as chief investment officer of Mercia Technologies.

Neuspera restimulates $26m series B

Neuspera Medical has secured a $12m extension to bring its series B round to the targeted $26m close, with all investors from the first tranche returning.

Events

GCV Symposium & GUV:Fusion 2019
22nd May 2019
Strathclyde books in Listings Ledger
Listings Ledger has spun out from the university to commercialise a real-time valuation ticker for privately-owned companies.
Centrica gives Mixergy a whirl
The energy supplier's corporate venturing subsidiary has put an undisclosed sum into Oxford's smart water boiler spinout Mixergy.
TTU’s Innovation Hub spawns 12 businesses
TTU Innovation Hub graduated six companies from its accelerator and helped its wider affiliate community secure a total of $3.5m in grant funding.
Phylagen traces corporates for $14m series A
The environmental microbiome testing kit maker, based on Oregon research, has collected series A capital from investors including Western Digital Capital and 3M Ventures.
Laurentian hires Haché
Robert Haché will end his tenure as vice-president of research and innovation at York University to lead Laurentian University from July.
Jandhyala bids CoMotion farewell
Vikram Jandhyala is standing down as executive director of University of Washington’s CoMotion but will remain with the university in other capacities.
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