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Daily deal net: June 5, 2019
Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
SAL sets the bar for legal tech
Singapore Academy of Law is starting a legal tech accelerator as part of a wider initiative helmed by its SAL Ventures targeting innovation in the provision of legal services.
Mindbody fastens onto Bowtie.ai
A member of NYU's Future Labs incubator network, virtual receptionist developer Bowtie.ai has been acquired by wellness services software developer Mindbody.
Ciara draws seven-figure investment
Sales productivity software platform Ciara has won the backing of TUM-allied venture firm UVC Partners in a round that will support continued development of its software.
Rfrnz reaches seven-digit understanding
TUM automated legal analysis spinout Rfrnz has secured backing from Unternehmertum-operated Initiative for Industrial Innovations, HTGF and unnamed additional investors.
In-Part collaborates with investors for $1.2m
University-industry collaboration matchmaking portal In-Part has added $1.2m from investors including Northern Powerhouse Investment Fund to $516,000 of seed capital procured in 2016.
Hungry devours $8m
Catering services marketplace Hungry has now raised $12.5m in total, having added university venture unit James Madison Innovations to its investment consortium.
Sharpen phones IU in $15m round
IU Philanthropic Venture Fund was among the investors in the contact centre platform creator's round, which will help grow the business through recruitment and product development.

Other News

FanFood munches on $2m
The series A round reportedly featured UCLA Ventures, with the cash going towards expanding the business and technology for FanFood’s events concession app.
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.
Kaust accelerator unveils third roster
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.
Australian universities secure public funding
Adelaide's ThincLab and University of New England's SRI AgTech incubators will receive $357,000 and $229,000 of government funding respectively.
Winningtemp calls Chalmers for $3.7m round
Chalmers Ventures has invested more funding in human resources app developer Winningtemp, which is preparing its employee wellbeing software for international expansion.
ETH Zurich ignites 27 spinouts in 2018
ETH Zurich spinouts lifted their total funding haul to $173.3m from $123.1m in 2017.

Editor's Picks

Bertelsmann, University Ventures enroll at UniversityNow
Germany-based media company Bertelsmann and the university venturing fund it recently backed have joined venture firms Kapor Capital, Novak Biddle Venture Partners and Greylock Partners backing the on-line university network.
The Big Deal: Buddy Media exit
Academic research into behavioual science informs new wave of service entrepreneurs.
Musselman joins Carnegie Speech
Paul Musselman, formerly of Intel Capital and IBM's corporate development team, takes the top role at the language learning start-up, which spun off from Carnegie Mellon University.
Coursera chalks up $16m
US-based internet university company Coursera nets the funds from venture firms, as it signs up top US universities like Princeton and Stanford offering courses for free.
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