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Oxbotica takes series B for a $47m spin
University of Oxford’s autonomous driving software developer Oxbotica has secured $47m in a series B round featuring IP Group as well as several corporates.
Magnax pushes ignition on $19.5m round
Magnax raised the cash from investors including automotive parts firm Hirschvogel Automotive with a view of broadening R&D and entering new markets with its EV motor technology.
Superpedestrian soars with $60m
Citi Impact Fund helped supply $60m to help MIT’s smart scooter provider Superpedestrian hike its overall funding to about $140m.
Cycle Capital revolves to $145m fund close
Concordia University has helped venture capital firm Cycle Capital reach the final close of its latest cleantech-focused fund.
Daily deal net: December 16, 2020
Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Daily deal net: November 17, 2020
Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Daily deal net: October 28, 2020
Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
The Engine shifts into $230m second fund
MIT has put $35m into The Engine's second fund – up from its $25m commitment to the first fund – and has been joined by Harvard as a new LP.

Other News

Daily deal net: October 27, 2020
Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
UVC Partners levels up with $178m fund
TUM-affiliated UVC Partners has raised a third fund from limited partners including Lanxess to invest in industrial technologies, business-to-business software and mobility.
Momentus finds Stable Road to Nasdaq
University of Wyoming-backed Momentus is set to merge with SPAC Stable Road Acquisition in a deal that values the space infrastructure company at $1.2bn.
Space Pioneer opens airlock for series A funding
A Zhejiang University subsidiary has supplied funding to space tech startup Space Pioneer, which has raised at least $29.6m in six months.
Daily deal net: September 17, 2020
Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
QuantumScape sets reverse merger scene
Stanford spinout QuantumScape is set to merge with NYSE-listed Kensington Capital Acquisition in a $700m deal that will value the combined company at $3.3bn.

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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