Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Forecast, a Denmark-based enterprise project management software developer backed by Technical University of Denmark-owned venture firm PreSeed Ventures, has received $5.5m in a round led by Crane Venture Partners with participation from Seed Capital and Heartcore. The company has created an artificial intelligence-driven software platform that lets enterprise clients automate tasks, visualise workflows and predict outcomes. PreSeed Ventures joined Seed Capital in 2016 for an initial round sized at more than €750,000 ($830,000), before Seed Capital joined Heartcore – then called Sunstone Capital – to co-lead a $2.7m transaction for Forecast in November last year. Artmyn, a Switzerland-based fine art display technology spinout of EPFL, has collected CHF4m ($4.1m) in a round co-led by online auction house Invaluable, in what was reported by Tech.eu to be convertible notes. The company offers digital scanning technology to extract digital facsimiles of artwork to be displayed to the viewer in an immersive, high-resolution format. The cash injection will support further technological development, as Artmyn looks to produce scanners for auction houses under strategic partnerships with both Invaluable and fine art warehouse complex Geneva Freeport. Artmyn’s early investors include Polytech Ventures and Alpana Ventures, and the spinout is a graduate of the MassChallenge accelerator. Lensabl, a US-based corrective glasses lens replacement supplier, has received $4m in a round led by Oregon State University-backed venture firm Rogue Venture Partners, according to Los Angeles Business Journal. Lensabl’s initial focus was on replacement lenses for eyeglasses however the company is shifting into the adjacent contact lens and frame replacement spaces, using the funding to support the expansion in both areas. Its products are intended as an off-label alternative to other brands.  Lensable previously received $3.7m in October 2018 round led by Rogue and backed by Birchmere, Aspect Ventures, Cherry Tree Investments, Amplify, Luma Launch, Watertower Ventures and Crowdsmart. Cykinso, a Japan-based intestinal microbiota analysis technology developer allied with Osaka University’s Institute for Microbial Diseases, has obtained ¥190m ($1.7m) from the university’s Venture Capital unit, and expects to obtain additional capital from business partners and venture capital entities before the end of 2019.  The company develops and provides self-testing services enabling customers to examine health and lifestyle parameters by inspecting intestinal bacteria using its DNA sequencing technologies. Cykinso previously attracted $2.3m in a January 2017 round involving investment vehicle Regional Health Care Industry Support Fund and other undisclosed investors, after an angel round backed by undisclosed angels at an unspecified date, according to Reuters. Turing Intelligence (TurinTech.ai), a…

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