Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Naluri, a Malaysia-based digital therapeutics developer focused on mental health and chronic disease, has completed a $1.5m pre-series A round backed by Stanford-StartX Fund, the vehicle aligned with the university’s StartX accelerator, Digital News Asia reported today. Global Founders Capital led the round, which also included TH Capital and unnamed individuals and existing investors. Founded in 2017, Naluri has launched a digital health app which implements visual design principles, personal coaching, behavioural science and data science to encourage patients managing mental health disorders and chronic diseases. The funding will drive recruitment and an international expansion. Naluri reportedly obtained $250,000 of seed funding in January 2018 from healthcare data analytics firm BioMark and 500 Durians.
Xain, a Germany-based blockchain technology developer spun out of University of Oxford, has received an undisclosed amount of cryptocurrency from individual Dominik Schiener, co-founder of blockchain middleware platform Iota. Founded in 2016, Xain is developing…
