Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Algo Artis, a Japan-based artificial intelligence technology consulting service, has closed a series A extension of undisclosed size – likely to have been ¥100m – which took the round to ¥528m ($4.7m). University of Tokyo’s Edge Capital Partners (UTEC) subsidiary led the tranche, investing alongside electric utility Kansai Electric Power Company’s K4 Ventures unit and Kyoto University’s Miyako Capital vehicle. UTEC had already led a first $3.9m close in July disclosed earlier this month, when it was joined by internet company DeNA.
CamGraPhIC, a UK-based graphene-based photonics technology developer spun out of University of Cambridge, has secured £1.6m ($2.2m) in funding. A total of £1.5m was raised through investment platform Wealth Club, and the round included unnamed new and existing backers. Commercialisation firm Frontier IP currently owns a 20.8% stake in the spinout, having previously committed a loan facility.
Instalimb, a Japan-based 3D printed prosthesis developer has secured…
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).
