Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Vesper, a US-based smart sensor developer spun out of University of Michigan, raised $18m in funding on Wednesday. The round included Applied Ventures, the corporate VC arm of semiconductor technology producer Applied Materials, as well as e-commerce group Amazon’s Alexa Fund, audio equipment producer Bose, electronics manufacturer Unitrontech, fabless semiconductor maker MegaChips and electronics distributor World Peace Group. The round was led by Accomplice and included Sands Capital, Gopher Asset Management and Industrial Technology Research Institute’s Industrial Technology Investment. It has received a total of at least $38m as of its $23m series B round in 2018.
S2W, a South Korea-based cybersecurity software provider spun out of Korea Advanced Institute of Science & Technology, picked up more than $10m in series B financing yesterday from YG Investment, the corporate VC arm of entertainment agency YG Entertainment, as well as LB Investment, KDB Development Bank, Magellan Technology Investment, Mirae Asset…
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).
