Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
AgroSpheres, a US-based crop protection release system developer leveraging University of Virginia technology, raised $4m on Wednesday in a series A round led by VC firm Ospraie Ag Science and backed by Cavallo Ventures, a corporate venturing arm of agriproducts supplier Wilbur-Ellis. Founded in 2016, AgroSpheres has created a naturally-fermented crop protection container called Minicell that guards active ingredients against enzymes, heat and other performance-impairing factors, dispersing its contents gradually to maximise impact. AgroSpheres previously raised $750,000 in a mid-2017 equity round from undisclosed investors, according to a regulatory filing.
Tryeting, a Japan-based industrial software spinout of Nagoya University, procured ¥300m ($2.8m) in series A capital yesterday from advanced materials producer Japan Material Technologies Corporation, automotive parts producer Toyoda Gosei, financial services firm Tokai Tokyo Financial Holdings’ investment unit and unnamed angel investors. Tryeting develops and markets artificial intelligence-driven software for manufacturing clients, including a materials infomatics platform and…
