Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Locate Bio, a UK-based spinal injury treatment spinout of University of Nottingham, has collected £10m ($13.8m) in a funding round co-led by Mercia Asset Management and BGF. The company is also exploiting research from Royal College of Surgeons in Ireland’s University of Medicine and Health Sciences, having licensed several assets in September last year. Mercia had already led a $2.9m funding round in July 2020, with a contribution from the Future Fund.
Bonx, Japan-based headset hardware and software provider backed by Keio University’s Keio Innovation Initiative (KII), has secured ¥700m ($6.4m) in series D funding from property developer Mori Trust as well as Globis Capital Partners and JR East Start Up, respective corporate venturing subsidiaries of education services provider Globis and rail operator JR East. Bonx previously closed a ¥310m ($2.9m) series C round in April 2020 featuring KII as well as IT services firm TIS, electronics…
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).
