Zest Tea brews $1m
The tea product supplier has become the fourth business backed by University of Maryland Momentum Fund.
Perkii quenches $2.2m thirst
Uniseed has upped its investment in probiotic drink maker Perkii after leading the Queensland spinout’s first $3m round in 2016.
Exosect put up for sale
University of Southampton spinout Exosect has been put up for sale by Hilco Streambank in an effort to salvage the pest and disease control technology producer.
Dispelix displays $13.7m series A
VTT Ventures has supported a $13.7m series A round for the institute's spinout Dispelix, which is working on see-through displays.
Lensabl zooms in on $3.7m
Rogue Venture Partners, whose largest limited partner is Oregon State University, has led a $3.7m funding round for Lensabl.
Des Solutio finds its way out of Nova
Nova University Lisbon has established chemicals producer Des Solutio with the support of Frontier IP, making it the second spinout launched in Portugal by the commercialisation firm.
Nanosive heats up Truffle Capital investment
Sun protection product developer Nanosive has been launched by Truffle Capital with a licence from Yale University.
Meatable mashes up $3.5m
Meatable has secured the backing of a range of VC investors to commercialise a cultured hamburger based on Cambridge and Stanford patents.

Other News

Licious catches $25m
UCLA co-led the online meat and fish merchant's series C round, which included Bertelsmann, Sistema Asia and Vertex Ventures.
MouSensor finds comfort in $3.3m seed round
CUNY-born digital olfaction technology developer MouSensor will receive funding and expertise from nanoelectronics institute Imec's investment fund.
OUI targets social enterprises
Oxford University Innovation expects to form 10 spinouts each year from an initiative for impact-led businesses.
BrewBike cools down with $800,000
Founded by a Northwestern student, cold-brew coffee vendor BrewBike has added the university's NUSeeds fund and angel investors to its seed consortium.
SMPL unwraps $100,000
Organic snack producer SMPL has been backed by Zell Founders Fund, a VC vehicle run by University of Michigan students.
Avid rates $6m series A
4490 Ventures, the VC firm co-founded by Warf in 2013, has joined Beringea for customer experience software provider Avid Ratings' series A round.

Editor's Picks

Tsinghua’s smart money
Samsung adds $100m start-up fund
The company has committed $100m to the Catalyst Fund for early-stage start-ups, which may be available to university startups.
Coursera wins university investment
Caltech and Pennsylvania back on-line teaching company Coursera, which just won the praise of Microsoft co-founder Bill Gates.
Revolymer sticks to AIM in IPO
Revolymer, which makes chewing gum that is easier to remove from streets and pavements, was backed by the Setsquared Partnership, a joint venture capital initiative between Bath, Bristol, Exeter, Southampton and Surrey.
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