Industrial

The Global University Venturing Deal Net rounds up the week’s smaller deals and tracks the startups emerging from universities and raising funding.

The industry-academia partnership will start out with collaborations in the healthcare, robotics and human resources spaces, including a sports science tie-up with a Rakuten-owned baseball team and plans for software development hackathons.

An industrial biotech initiative co-led by University of Strathclyde has received UK government funding to prepare an application to the UKRI’s competitive Strength in Places program.

The firm posted its half-year results for the period ending December 2018, registering an 83% year-on-year rise in turnover and a 43% gain in the fair value of its portfolio.

University of Delaware-backed science incubator Delaware Innovation Space has started a VC vehicle called First Fund offering startups up to $75,000 in convertible notes.

The industry-focused VC vehicle is targeting $10m to make seed investments in companies including spinouts across technologies including robotics, internet-of-things and electronics.

Massachusetts Institute of Technology has unveiled an incubator that will provide funding, space and expertise to boost commercialisation activities on and off-campus.

Google's purchase of Boston Dynamics signals move from hobby to industry.