Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
The Routing Company, a US-based transit fleet management product supplier spun out of Massachusetts Institute of Technology, has secured $5m in a seed round led by MIT-aligned venture firm and incubator The Engine. The Engine leveraged its second fund to participate in the round. No other investors were disclosed. The Routing Company offers a technology platform where public transit providers can dynamically monitor and direct transport vehicles to improve punctuality and ease congestion on roads.
Saki, a Japan-based…
