Seed

DenovoMatrix binds funding
TU Dresden spinout DenovoMatrix hopes to commercialise a method for effectively cultivating stem cell production.
Threatray registers seed funding
Newly-launched Bern University of Applied Sciences spinout Threatray believes its automated malware detection design will improve upon existing approaches.
Kets Quantum secures $2.5m
Bristol quantum computer security spinout Kets Quantum Security has won investment from Kx Systems after joining the corporate-backed Teac communications accelerator last year.
Uniseed plants $485,000 in Wildlife Drones
ANU wildlife monitoring spinout Wildlife Drones previously turned to a Csiro-run accelerator to help get its drone-powered animal tracking system off the ground.
Robot++ reaches $2.9m summit
Baidu has provided Robot++ with pre-series A funding following an angel round backed by a Tsinghua incubator in April 2018.
Firefly finds $21.5m spark
Previously backed by Stanford-StartX Fund, Firefly installs digital advertising screens on taxis to provide drivers with greater income and collect urban data for municipal authorities.
Bios signals for $4.5m
Cambridge neural interface spinout Bios will use some of the seed capital to develop an interface between prosthetic objects and the human nervous system.
Sunamp heats up with $2.8m
University of Edinburgh’s Old College Capital has returned to back energy storage developer Sunamp to take the company’s total to $8.8m.

Other News

Kanova captures $16.6m series A
Biotherapeutics developer Kanova has secured capital from investors including Tsinghua University-managed Lotus Lake Ventures.
BurnAlong stretches $1.3m seed round
JHU-backed fitness platform operator BurnAlong obtained the cash from investors including Brown Advisory to take its total to $4.7m.
Quralis queues up $5.5m
Harvard’s Quralis has added funding from investors including Viva Biotech to take its seed total to $5.5m as it looks to advance treatments for amyotrophic lateral sclerosis to the clinic.
Qwick finds hospitality in seed round
Hospitality shift work platform Qwick’s seed investors include UAVenture Capital Fund, an independent vehicle set up to cultivate University of Arizona’s ecosystem.
Aim3D models $1.6m
Rostock-founded 3D printer maker Aim3D has secured money from investors including Brose ahead of the launch of its first product in spring 2019.
RoadBotics inspects $3.9m
The seed funding will support CMU spinout RoadBotics’ automated road inspection platform already used by 78 clients in the US and Australia.

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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