Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Aliro Technologies, a US-based quantum computing spinout of Harvard University, yesterday received $2.7m in a seed round backed by Samsung Next, a corporate venturing arm of consumer electronics group Samsung, Flybridge Capital Partners, Crosslink Capital and a range of undisclosed investors. The spinout is working on software to make quantum computing more accessible to developers, making it possible to write an application once and run it on any device without manually adjusting it to the specific computer. Aliro commercialises work by Prineha Narang, assistant professor at Harvard’s John Paulson School of Engineering and Applied Sciences.
Evecxia, a US-based spinout of Duke University working on a treatment for depression, has picked up $2m in funding from a total of 14 investors, according to a securities filing. Evecxia is targeting a $6.7m close for the round, the regulatory document shows, but the spinout has not made an official statement yet. The…
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).
