Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Oxford Semantic Technologies, a UK-based spinout of University of Oxford that has developed a platform to turn a company’s data into machine-readable information that users can then query, yesterday collected £3m ($3.9m) in funding from investors including the university and its venture fund Oxford Sciences Innovation (OSI). The round was led by Samsung Ventures, the corporate venturing division of consumer electronics group Samsung. Founded in 2017 out of Oxford’s Department of Computer Science, the cash injection follows the deployment of the spinout’s platform, RDFox. Oxford Semantic reportedly obtained an undisclosed amount of funding from OSI in 2017, though further details could not be ascertained.