Information Technology

University of Michigan has committed an initial $2.75m in combined funding to MemryX, Ripple Science, GreenMark Biomedical, and Give and Take, and could invest as much as $20m altogether.

State lawmakers are considering plans to fund supports for Maryland’s cybersecurity and life sciences sectors administered by local economic development agency Tedco.

Complion collected funding from investors including the multi-university-backed Ohio Innovation Fund for its regulatory compliance software platform catered to sites conducting clinical research.

Stanford-backed wifi system developer Eero has been picked up by Amazon after launching a product designed to provide high performance for devices including smart home products.

6Estates had previously raised $2m of funding for its market intelligence products based on research from NUS and Tsinghua University.

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.

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.

The commercialisation firm will cut cash operating expenses by more than 40% year-on-year, while SciFluor Life and Precision Biopsy received $9m in financing between them.