Consumer

Kaust accelerator unveils third roster
Kaust is preparing for the third phase of its Taqadam startup accelerator, which is supported by a host of Saudi Arabian academic institutions and claims to have achieved a 35% female participation rate.
Ten businesses board Manchester-backed accelerator in Dubai
UAEpreneurs will operate with support from University of Manchester’s Middle East Centre in Dubai, providing 10 mainly digital-focused startups the opportunity to raise $50,000 to $250,000 in capital.
HTGF adds flavour to 4Gene’s seed round
4Gene is advancing TUM research into exploiting plant-derived glucosides as flexible triggers for releasing flavouring and aromas.
Sustainable Bioproducts sucks in $33m
Danone Manifesto Ventures and ADM Ventures both took part in a series A round for the Montana State University-backed Nasa spinout, which is developing edible proteins.
Sousei hosts Kyoto University for $4.1m
Smart home technology manufacturer Sousei Technology also collected funding from Aioi Nissay Dowa Insurance in a round that will help it deliver upgrades and additional services.
Australian universities secure public funding
Adelaide's ThincLab and University of New England's SRI AgTech incubators will receive $357,000 and $229,000 of government funding respectively.
Findologic discovers fresh capital
The seven-digit investment by BE Beteiligungen Fonds will help Salzburg e-commerce search spinout Findologic accelerate its international expansion and introduce new product features.
Purdue Ag-celerator seeds $100,000
Plant sciences startups Heliponix and Karyosoft each secured $50,000 investments after winning the fifth cohort of Purdue’s Ag-celerator competition.

Other News

Croda adds value to Cutitronics’ regimen
Strathclyde-founded dermatological device manufacturer Cutitronics has collected further investment from specialty chemicals supplier Croda as the pair aim to win business with personal care brands.
Celect celebrates $15m series C
MIT retail analytics spinout Celect has now raised a total of $25m, having received $15m in an NGP Partners-led round.
IURTC funds pour $400,000 into Zio
Co-founded by an Indiana University graduate, customer behaviour analytics software developer Zio has secured funding from two of the university’s venture funds.
Lighthouse AI loses spark
StartX-backed Lighthouse AI failed to garner enough commercial interest in its interactive household camera despite raising $17m in funding.
Ikove kindles $10m Ohio tech fund
Ikove Venture Partners has launched a $10m venture capital vehicle to help spawn spinouts based on projects at Ohio universities.
Zest Tea brews $1m
The tea product supplier has become the fourth business backed by University of Maryland Momentum Fund.

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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