Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Dundee-founded drug discovery company Exscientia has entered into a collaboration agreement with GT Apeiron, whose parent GT Healthcare invested in the spinout’s series B round.
Aedhmar Hynes, former CEO of digital communications agency Text100, will join IP Group as an independent director on August 1.
Spinouts are in line to receive a share of the government funding to advance quantum applications spanning computing, imaging, sensors and communications.
French regional TTOs Satt Conectus, Satt Nord and Satt Sayens hope to source skilled business leaders and management for their pipeline of deep tech spinouts.
Cambridge Innovation Capital backed sound recognition technology developer Audio Analytic's $12m series B round, having previously also supported a $5.5m series A in 2017.
Eriez is now the largest shareholder in Cardiff University-founded power fault protection technology spinout FaultCurrent, having previously invested a seven-figure sum.
Woodford Investment Management has reportedly disposed of its stakes in IP Group and Allied Minds, as its scramble to meet regulatory thresholds and redemption demands from investors in its Equity Income fund gathers pace.