Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Digital Alloys, a US-based hard metal parts printing technology spun out of additive manufacturing business NVBots, itself a spinout of Massachusetts of Institute of Technology, has raised $1.1m of a targeted $1.2m series B round, according to a regulatory filing. Founded in 2017, Digital Alloys supplies a 3D printing system called Joule Printing for manufacturing hard metal parts. The technology is a closed-loop control system, meaning it automatically regulates certain processes, and is billed as low-cost and swift to complete. Welding product maker Lincoln Electric and Boeing HorizonX Ventures, the corporate venturing unit for aerospace firm Boeing, both backed Digital Alloys’ earlier $12.9m series B round in mid-2018 that was led by G20 Ventures with further funding from venture firm Khosla Ventures, after Khosla had led a $5m series A the previous year backed by unnamed investors.
G.ST Antivirals, an Austria-based antiviral drug spinout of Medical University of Vienna,…
