Education

Bonsal will return to venture capital, ending a six-year spell as director of venture creation at Towson through which he was credited with the realignment of its incubator.

Penguin Innovations has spun out of Purdue’s College of Pharmacy with a virtual cleanroom training program for pharmacy students.

Evervault is pursuing seed funding for encryption software that protects compromised networks, while MyStudyPal has launched an academic timetabling app.

Ikove Venture Partners has launched a $10m venture capital vehicle to help spawn spinouts based on projects at Ohio universities.

Online higher education platform Unicaf has raised series B funding from a consortium also including Goldman Sachs, EdX and CDC Group as it gears up to target more students.

Oxford University Innovation has released its quarterly figures that reveal more than 89% of external investments in its spinouts occurred in August.

SEI Ventures will invest in seed-stage companies and give startups the opportunity to pilot their technologies across Strayer University and Capella University.

Occupational learning tool developer NovoEd, based on research at Stanford, has been bought by Devonshire Investors after raising $4.8m of series A capital in 2014.