Undisclosed

DenovoMatrix binds funding
TU Dresden spinout DenovoMatrix hopes to commercialise a method for effectively cultivating stem cell production.
Sensorygen bites into $50,000
Vertical Venture Partners has joined university venture fund Highlander Venture Fund as an investor in UC Riverside-founded mosquito repellent developer Sensorygen.
Zest Tea brews $1m
The tea product supplier has become the fourth business backed by University of Maryland Momentum Fund.
Istesso stakes $7.6m
IP Group has poured more funding into Istesso, whose treatment for rheumatoid arthritis traces its roots to an Aberdeen spinout, to drive immuno-metabolism therapies for autoimmune diseases.
Uniseed sends Cardihab $1.4m
Uniseed has returned to back Csiro digital health spinout Cardihab after an earlier round which also raised $1.4m in 2017.
Parakey unlocks $1m
Chalmers Ventures has again supplied smart lock supplier Parakey with funding after investing alongside IoT and wireless tech firm Qamcom in 2016.
Stanford helps EdCast curate fresh funding
The AI-based contextual insight service has closed a $33.6m round that included Stanford University, taking its total funding to almost $56m.
Corporates experience Telexistence’s series A
Tokyo's experiential robot developer Telexistence has won funding from a investors including the university's Innovation Platform and a host of corporates.

Other News

WaveOptics makes a splash with $26m
IP Group has backed AR technology developer WaveOptics, building on the position taken by Touchstone Innovations, which it now owns, in 2015 and 2017.
Evox visits Gates Foundation for funding
Oxford drug delivery spinout Evox Therapeutics collected funding from Bill and Melinda Gates Foundation in its bid to engineer exosome delivery vessels for a range of drugs.
Freefall lands UAVC funding
Arizona-founded Freefall Aerospace has been backed by UAVC in its efforts to commercialise antennas for 5G and satellite communications.
JNC connects Nanograf to $4.5m
Chemicals firm JNC has injected $4.5m into Northwestern battery spinout SiNode Systems, which has rebranded to Nanograf Technologies as a result.
Streem straps on $6.8m
Streem, a home services AR software developer whose shareholders include Oregon State University-backed Rogue Venture Partners, is raising a second funding round.
Forge procures $4m from Lockheed Martin
Alberta-founded renewable fuel producer Forge Hydrocarbons hopes its lipids-based fuels will provide a cleaner alternative to petrol.

Editor's Picks

University Ventures looks to online future
Higher education investment fund University Ventures is to invest in its own startup.
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).
Cell Medica raises $26.5m
Invesco Perpetual, the fund manager, and Imperial Innovations, the London Stock Exchange-listed spin-off from Imperial College London, are joined by The Cancer Prevention and Research Institute of Texas and the Wellcome Trust supporting Cell Medica's growth.
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