Founded from University of Surrey's Space Centre, iKinema was bought by Apple in a move seemingly aligned with the corporate's foray into virtual and augmented reality.
IP Group-backed WaveOptics has obtained $13m to bring its series C round to $39m as it looks to scale in its target markets and ramp up production capacity.
Woodford Investment Management has reportedly reaped $24.1m on its 20% stake in University of Bristol's Ultrahaptics.
SmartNews, co-founded by University of Tokyo researcher Ken Suzuki, is valued at $1.1bn following a $28m series E round led by Japan Post Capital.
Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Aedhmar Hynes, former CEO of digital communications agency Text100, will join IP Group as an independent director on August 1.