Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Smolt, a Japan-based aquaculture spinout of Miyazaki University, yesterday raised an unspecified amount of seed capital from venture capital firm GxPartners, Miyagin Venture Capital and Miyagin Venture Capital, the investment arm of financial services firm Miyazaki Bank, and assorted angel investors. Founded in 2012, Smolt is working on technology to cultivate masu salmon. It will use the seed funding to strengthen its business and open facilities for the mass production of masu salmon. MediVR, a Japan-based developer of a psychiatric rehabilitation tool that exploits virtual reality technology, today obtained ¥50m ($457,000) in funding from Osaka University Venture Capital, the investment arm of Osaka University. The company was founded in 2016 to commercialise research from Osaka University Hospital’s Department of Medical Innovation. The money will support clinical trials for the application of MediVR’s medical device in stroke, dementia and other conditions.

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Thierry Heles

Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).