News

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.
Stanford helps EdCast curate fresh funding
The AI-based contextual insight service has closed a $33.6m round that included Stanford University, taking its total funding to almost $56m.
Lund launches Asgard Therapeutics
Asgard Therapeutics will develop cancer therapies which use reprogrammed human skin cells to improve the immune system’s capacity to identify cancerous particles.
Corporates experience Telexistence’s series A
Tokyo's experiential robot developer Telexistence has won funding from a investors including the university's Innovation Platform and a host of corporates.
WaveOptics makes a splash with $26m
IP Group has backed AR technology developer WaveOptics, building on the position taken by Touchstone Innovations, which it now owns, in 2015 and 2017.
Purdue prepares Next Offset Solutions
Next Offset Solutions will commercialise a 3D printing technology for energetic materials including rocket fuels and pyrotechnics.
Firefly finds $21.5m spark
Previously backed by Stanford-StartX Fund, Firefly installs digital advertising screens on taxis to provide drivers with greater income and collect urban data for municipal authorities.

News Continued

Genomics encounters $42m series B
Foresite Capital and F-Prime Capital joined earlier series B investors including Oxford Science Innovations to take Oxford drug discovery spinout Genomics’ total funding to $58.2m.
News roundup 10 December 2018
A roundup of all the latest news on www.globaluniversityventuring.com for our subscribers.
Evox visits Gates Foundation for funding
Oxford drug delivery spinout Evox Therapeutics collected funding from Bill and Melinda Gates Foundation in its bid to engineer exosome delivery vessels for a range of drugs.
Nowak takes on Wyoming role
Henry Nowak has left North Dakota State University to direct University of Wyoming’s tech transfer hub.
Tsinghua mulls Japan-focused fund
Tsinghua’s Tus-Holdings is weighing up a venture capital fund as part of a $584m push into Japan’s artificial intelligence, fintech and robotics sectors.
Blue J Legal makes $7m call
Backed by investors including BDC Capital, Toronto-founded Blue J Legal hopes to adapt its legal forecasting technology to the US system.

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.
Opportunities and challenges abound at PraxisAuril conference
PraxisAuril's spring conference continues to go from strength to strength, with one in three delegates a first-time attendant.
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