Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
US-based translation software developer Pairaphrase has received an undisclosed sum from Red Cedar Ventures, a VC subsidiary of Michigan State University Foundation, the institution’s nonprofit affiliate, Digital Journal reported yesterday. Pairaphrase develops cloud-based enterprise language translation tools that combine automated translations with human interpretation to help businesses translate documents faster and more cost-efficiently. The company has joined the 2019 batch of the MSU-backed Conquer Accelerator.
Pharm2Farm, a UK-based agricultural nanoparticle infusion technology spinout of Nottingham Trent University, has obtained an undisclosed sum from Braveheart Investment Group, Alliance News has reported. Founded in 2015, Pharm2Farm develops and markets products that improve nutrient absorption in flower and crop plantations, using its nanotechnology-driven platform. Braveheart Investment now owns 33% in Pharm2Farm, but this could increase to 54% should its ongoing negotiations over an additional working capital investment prove successful.