Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
3D Repo, a UK-based building information modelling technology spinout of University College London, has received £2.3m ($3m) in a series A round led by investment firm Ingenious Group’s Infrastructure Ventures EIS Service. 3D Repo’s software platform allows architects, engineers and contractors to collaborate on projects through a cloud-based interface that virtually maps out design and construction work in detail. The company was founded in 2014 by then UCL engineering doctorate Jozef Doboš, whose research focused on virtual environments, imaging and visualisation.
Remohab, a Japan-based remote cardiac rehabilitation system developer spun out from Osaka University, has obtained ¥270m ($2.5m) in a round led by Osaka University Venture Capital. The deal also includes Hack Ventures’ Hack Osaka Investment as well as Amashin-Shinkin Capital, Kansai Innovation Network Investment and Life Science Fund, investing on behalf of financial services firms Amagasaki Shinkin Bank, Senshu Ikeda Bank and Mitsubishi UFJ Capital respectively. Remohab will use the funding to prepare regulatory submissions and clinical trials for its device, which allows clinicians to perform cardiac rehabilitation remotely using internet-of-things technology. Osaka University Venture Capital and Hack Ventures had already injected $450,000 into the business in August 2018.
