Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
TriEye, an Israel-based vehicle safety sensor developer exploiting Hebrew University of Jerusalem research, has extended its series A round to $19m with a $2m investment from Porsche Ventures, a subsidiary of carmaker Porsche, according to media reports. Porsche’s contribution adds to an initial $17m tranche in May 2019 led by Intel Capital – an investment arm of chipset maker Intel – that featured VC fund Grove Ventures and private investor Marius Nacht among others. Founded in 2017, TriEye has created a short-wave infrared sensor that can be used to steer autonomous vehicles and driver assistance systems in poor visibility. The company claims its semiconductor design means the sensors are less costly to manufacture compared with competing technologies. TriEye previously closed a $3m seed round led by Grove Ventures in June 2018.
Syzygy Plasmonics, a US-based photocatalytic reactor developer based on Rice University research, has received $5.8m in a series…
