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Industrial

Dyndrite finds House Fund for more capital
The House Fund has made its second investment in additive manufacturing software developer Dyndrite as part of a round that raised more than $10m.
Willow Biosciences follows public path
Willow Biosciences is the result of a three-way merger between University of Calgary spinout Epimeron, BioCan Technologies and CSE-listed Makena Resources.
Investors load up Astroscale series D to $80m
The space debris removal company has raised another $30m for its series D round from investors including UTokyo Innovation Platform and has now received $132m in total.
Xibus captures $1m
Newly-founded MIT food pathogen sensor spinout Xibus has secured seed funding to develop its technology, which utilises synthetic particles to identify bacterial contamination.
Aqdot emulsifies $7.8m series B
Cambridge-founded chemicals products maker Aqdot has welcomed the return of IP Group and Parkwalk Advisors in its latest round, taking its funding total to $16.5m.
Mallinda takes temperature for $2m
Sabic has equipped Mallinda with funding as the CU Boulder-founded thermoset resins provider gears up for the launch of its first commercial product.
Vector delivers $10m series A
Vector has received funding from UC-backed Congruent Ventures among others as it looks to enhance its software in supporting back office logistics functions.
Agerris reaps $4.6m
Uniseed, Carthona Capital and BridgeLane Group provided the funding for University of Sydney-founded Agerris, which is preparing to commercialise products including robotic farm hand systems.

Other News

Deal net: 1 – 5 April 2019
The Global University Venturing Deal Net rounds up the week’s smaller deals and tracks the startups emerging from universities and raising funding.
Tohoku University connects with Rakuten
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.
Strathclyde fuels industrial biotech proposal
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.
Frontier IP achieves portfolio gains
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.
Delaware-backed program launches First Fund
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.
Forward Capital marches towards spinouts
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.

Editor's Picks

Big deal: MIT revs $150m Engine
Massachusetts Institute of Technology has unveiled an incubator that will provide funding, space and expertise to boost commercialisation activities on and off-campus.
Robotics out of laboratories
Google's purchase of Boston Dynamics signals move from hobby to industry.
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