U-M commits $20m to four spinouts
University of Michigan will supply an initial $2.75m in funding to MemryX, Ripple Science, GreenMark Biomedical, and Give and Take, and could invest as much as $20m altogether.
Sitka sets up $1.2m
UBC and CDRD spinout Sitka Biopharma has now lured $5.5m in total and is readying its bladder cancer treatment for initial clinical trials.
HTGF adds flavour to 4Gene’s seed round
4Gene is advancing TUM research into exploiting plant-derived glucosides as flexible triggers for releasing flavouring and aromas.
Bosch backs IISc-incubated Simyog Technologies
Incubated at Indian Institute of Science, Simyog has been backed by Robert Bosch for software that helps automotive parts manufacturers test for electromagnetic interference.
Encamp pitches up seed capital
Environmental compliance software startup Encamp has amassed $1.1m from investors including IU’s Philanthropic Venture Fund.
CIIE breathes funding into Oizom
IIM Ahmedabad's incubator supplied seed funding to help environmental monitoring startup Oizom Instruments pursue marketing, product enhancements and R&D.
5C Network radiates seed funding
Indian Institute of Management, Ahmedabad joined Unitus Ventures and Axilor Ventures to supply seed capital to radiology directory 5C Network, which helps hospitals access radiology expertise.
NovaUCD signs up student-founded duo
Evervault is pursuing seed funding for encryption software that protects compromised networks, while MyStudyPal has launched an academic timetabling app.

Other News

Drone Amplified ignites with $500,000
UNL spinout Drone Amplified has devised a drone that conducts fire management stress tests on parklands by dropping small combustible balls filled with glycol on targeted pieces of land.
OSU’s DatAnchor latches on to funding
OSU-founded cybersecurity business DatAnchor has officially launched with an undisclosed sum from the multi-university-backed Ohio Innovation Fund, and Dundee Venture Capital.
Eyeware tracks $1.9m round
Machine tools supplier Trumpf has put funding behind Eyewear Tech to commercialise an eye tracking platform based on Idiap Research Institute and EPFL technology.
Magnitude sizes up $194,000
Magnitude Biosciences started operations in September 2018 to commercialise a Durham University ageing research technology centred on the C.elegans nematode worm.
Purdue Ag-celerator seeds $100,000
Plant sciences startups Heliponix and Karyosoft each secured $50,000 investments after winning the fifth cohort of Purdue’s Ag-celerator competition.
Kerionics pumps in $228,000
Partly based on Polytechnic University of Valencia research, Kerionics hopes to commercialise a ceramic membrane-based system for producing industrial quantities of oxygen from waste gases.

Editor's Picks

MOOCs: The British are coming
Futurelearn, a platform free-to-access Massive Open Online Courses (MOOCs), has been launched by a consortium of UK-based universities, led by distance-learning provider The Open University (OU).
Intelligent Ultrasound hears call of $1m
The Oxford University spin-out set up by its technology transfer office raises the funds at the same time as winning a development award from the UK's National Health Service.
Intel, UCL, Imperial link on Sustainable Cities
The London-based institute is Intel's first research centre and hub looking at how technologies can improve the social and economic development of cities globally.
Columbia University seed fund is started
Cfund is founded by Alessandro Piol of Vedanta Capita; and Amol Sarva from Peek and Virgin Mobile USA
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