Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Maggrow, an Ireland-based crop spray technology developer spun out of University College, Dublin, has obtained €6m ($7.1m) in a series A round led by Astanor Ventures that featured WakeUp Capital and undisclosed additional investors, the Irish Independent reported on Thursday. Founded in 2013, Maggrow applies rare earth magnets to pesticide fluids as part of a crop cultivation technology suited for applications such as irrigation and sanitisation with less environmental impact than conventional approaches. The funding will go to expanding its 32-strong headcount with 10 additional employees. Maggrow previously closed a $3.5m round in late-2018 backed by undisclosed investors.
MiRecule, a US-based discovery platform for RNA therapeutics, has raised $3.5m in seed funding including a $250,000 commitment from the University System of Maryland’s Momentum Fund. The round was led by Alexandria Venture Investments, on behalf of life sciences real estate investment trust Alexandria Real Estate Equities, and also featured Pathway…
