Transport

Michigan doubles spinout total in 2017-18
The university’s Office of Technology Transfer launched 21 spinouts while achieving a 10% rise in inventions disclosed and a record number of licences and options agreed.
Lunewave takes $5m for a spin
BMW and Baidu are among the investors in sensor technology developer Lunewave's seed round, which will go towards building autonomous vehicle sensors based on the Luneburg principle.
Oxbotica puts $18.5m in the tank
Autonomous vehicle software spinout Oxbotica has secured IP Group, Parkwalk Advisors and Axa XL as investors in its first publicly-disclosed funding round.
SkyRyse glides steady with $25m
Air transit assistance system startup SkyRyse has accrued $25m in seed and series A funding from investors including Stanford University.
Blickfeld catches another glimpse of seed round
Lidar technology developer Blickfeld has secured a $5.7m extension from investors including Unternehmertum Venture Capital Partners to bring its seed round to $10m.
Aberdeen helps elevate 14 companies
University of Aberdeen and entrepreneurial training firm Elevator have concluded the latest edition of their Accelerator Aberdeen program.
Perpetuum mobilises investors for $3.9m
Rail data analytics technology developer Perpetuum has added Rail Supply Growth Fund to a group of shareholders that already includes IP Group and Parkwalk Advisors.
Investors take another slice of Lime
The Stanford-StartX Fund-backed electric scooter and bike rental service has raised $335m in a GV-led round that also included Uber.

Other News

Silexica slices open $18m series B
RWTH Aachen's Silexica has now raised $28m altogether for its software optimisation package for embedded supercomputer applications such as autonomous vehicle technologies.
UAVC selects first three spinouts
Codelucida, Regulonix and Post.Bid.Ship have all been backed by UAVenture Capital.
Byton drives $500m series B
Investors in the series B round included TUS Holdings, FAW and Contemporary Amperex Technology.
EPropulsion stares into Beyond for $10m
Marine product maker EPropulsion, which was founded by a HKUST graduate, will soon launch a 4K resolution subsea drone camera.
Boxbot ignites $7.5m seed round
Autonomous logistics technology developer Boxbot, which has now raised $9m altogether, was co-founded by graduates from UC Berkeley and Massachusetts Institute of Technology.

Editor's Picks

Stanford revs up SmartDrive
Stanford University is joined by Oak Investment Partners and New Enterprise Associates backing the driving intelligence company.
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