Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Symmetry Systems, a US-headquartered data security technology developer spun out of University of Texas at Austin’s Spark Lab, raised $15m in series A funding yesterday from investors including consulting firm Accenture’s corporate venture capital unit, Accenture Ventures. The round was co-led by Prefix Capital and ForgePoint Capital and backed by multiple angel investors, and it follows a $3m seed round co-led by ForgePoint Capital and Prefix Capital announced when Symmetry emerged from stealth in August 2020.
Figur8, a US-based wearable musculoskeletal technology developer utilising research from Massachusetts Institute of Technologies (MIT) and Massachusetts General Hospital, received $12m in series A financing yesterday from investors including the MIT-affiliated E14 Fund. VC firm Taiwania Capital led the round, which also featured Phoenix Venture Partners and P5 Health Ventures, the latter of which had led a $7.5m seed round in August 2019 that included E14 Fund.
Rheaply, the US-based developer…
