Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Motosumo, a Denmark-based at-home indoor cycling classes provider, has collected $6m in a series A round led by Magenta Partners. The round included unnamed existing investors. Motosumo reportedly raised $500,000 in seed funding in February 2016 from Promentum Equity Partners and PreSeed Ventures, the venture firm owned by Technical University of Denmark.
Classcraft, a Canada-based edtech developer, has completed a C$4.5m ($3.6m) funding round led by Brightspark Ventures, with participation from Theodorus Investment Funds, the university venture arm of Université libre de Bruxelles that expanded into Canada a year ago. Whitecap Venture Partners, Amplify Capital and Unreasonable Collective also took part in the round.
Courage Therapeutics, a US-based biotech developer focused on eating disorders, completed a $1m funding round yesterday led by Michigan Biomedical Ventures. Courage is based on research at University of Michigan and was founded in 2019. It will use the money to prove its…
Thierry Heles
Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).
