Deals

DenovoMatrix binds funding
TU Dresden spinout DenovoMatrix hopes to commercialise a method for effectively cultivating stem cell production.
Sensorygen bites into $50,000
Vertical Venture Partners has joined university venture fund Highlander Venture Fund as an investor in UC Riverside-founded mosquito repellent developer Sensorygen.
Threatray registers seed funding
Newly-launched Bern University of Applied Sciences spinout Threatray believes its automated malware detection design will improve upon existing approaches.
Mission Bio identifies $30m series B
Agilent and Lam Research participated in a $30m series B for UCSF's DNA analysis spinout Mission Bio, whose existing shareholders include Stanford-StartX Fund.
Moderna loads up $604m in IPO
Investors including co-founder and Harvard professor Timothy Springer scored exits as mRNA therapy developer Moderna floated in the largest biotech IPO of all time.
Zest Tea brews $1m
The tea product supplier has become the fourth business backed by University of Maryland Momentum Fund.
Kets Quantum secures $2.5m
Bristol quantum computer security spinout Kets Quantum Security has won investment from Kx Systems after joining the corporate-backed Teac communications accelerator last year.
Uniseed plants $485,000 in Wildlife Drones
ANU wildlife monitoring spinout Wildlife Drones previously turned to a Csiro-run accelerator to help get its drone-powered animal tracking system off the ground.

News Continued

Istesso stakes $7.6m
IP Group has poured more funding into Istesso, whose treatment for rheumatoid arthritis traces its roots to an Aberdeen spinout, to drive immuno-metabolism therapies for autoimmune diseases.
Axelspace explores $23m series B round
UTokyo Innovation Platform has backed a $22.8m investment round for Axelspace that will fund the launch of the Tokyo spinout's latest satellite.
Uniseed sends Cardihab $1.4m
Uniseed has returned to back Csiro digital health spinout Cardihab after an earlier round which also raised $1.4m in 2017.
10X Genomics picks up Spatial Transcriptomics
10X Genomics has purchased genomic analysis platform Spatial Transcriptomics, based on research at Karolinska Institute and KTH Royal Institute of Technology.
Robot++ reaches $2.9m summit
Baidu has provided Robot++ with pre-series A funding following an angel round backed by a Tsinghua incubator in April 2018.
Parakey unlocks $1m
Chalmers Ventures has again supplied smart lock supplier Parakey with funding after investing alongside IoT and wireless tech firm Qamcom in 2016.

Editor's Picks

Big deal: Orchard harvests $200m IPO
Orchard Therapeutics has listed in the US following a $200m initial public offering that came just three years after the gene therapy developer was spun out of UCL.
Big deal: Novo pens $800m Ziylo acquisition
Ziylo, a spinout from University of Bristol that is working on a diabetes treatment, has been acquired by Novo Nordisk for a total that could exceed $800m.
Big deal: Ambys arrives at $140m investment
Ambys Medicines has raised $60m in a series A round backed by Takeda and signed a strategic partnership agreement with the corporate worth $80m.
First half of 2018 sets up record-breaking spree
Investment analysis January to June 2018
test reg

Login