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US And Canada

MSU starts student-run VC fund
MSU’s Student Venture Capital Fund will invest up to $50,000 in university-linked businesses with the administrative aid of MSU students taking the entrepreneurial finance course.
Michigan marks Applied Morphomics
Applied Morphomics has formally spun out of University of Michigan to deliver a medical analytics service powered by morphological scans of patients.
Talaris takes home $100m series A
Talaris, previously known as Regenerex and based on research at University of Louisville, will use the funding to advance its cell therapy into later-stage clinical development.
Arrakis arranges $75m series B
Osage University has returned for a $75m series B round raised by Arrakis Therapeutics, which has licensed technology from University of Pennsylvania.
Morley continues to make his mark on Pitt
Scott Morley has been appointed as director of the [email protected] medtech accelerator, in addition to his duties as entrepreneur-in-residence at the university's Innovation Institute.
Marshall University unveils incubator
The Brad D Smith Incubator is a partnership between the university’s Brad D Smith Schools of Business and Robert C Byrd Institute, and will welcome tenants this summer.
Gen.G generates $46m round
Stanford University has participated in a $46m funding round for Gen.G together with venture capital firms and celebrity investors such as actor Will Smith.
Zapata quantifies $21m series A
The Engine has participated in a $21m series A round for its portfolio company Zapata Computing, a quantum technology spinout of Harvard University.

Other News

Corporates affirm Affectiva interest with $26m
Aptiv and CAC Holdings joined corporate venturing units Trend Forward Capital and Motley Fool Ventures in a $26m round that almost doubled the MIT spinout's funding.
Happe Spine erects funding round
Based on research at University of Notre Dame, Happe Spine is working on implants for interbody spinal fusion.
Energetic Insurance jumps at $2.5m opportunity
Congruent Ventures has led a $2.5m funding round for Energetic Insurance, which hopes to enable SMEs to tap into the solar energy market.
Confluence Pharmaceuticals collects $200,000
Indiana University Philanthropic Venture Fund has made its tenth investment, putting $200,000 into Confluence Pharmaceuticals.
Imprimed sniffs out $4m investment
Stanford-StartX Fund has supported a $4m round for Imprimed, which is working on precision cancer treatments for dogs.
Dyndrite finds House Fund for more capital
The House Fund has made its second investment in additive manufacturing software developer Dyndrite as part of a round that raised more than $10m.

Editor's Picks

Big deal: Ribon ties together $65m series B
Ribon Therapeutics has emerged out of stealth after three years of developing a lead asset targeting cancer based on research at MIT, UT Southwestern and Harvard Medical School.
Editorial: For the good of investors
As MedWhat scores an initial win in its courtroom battle with Stanford, Paige.ai finds itself in the middle of allegations that its licensing deal with Sloan Kettering was improper.
Big deal: Ambys arrives at $140m investment
Ambys Medicines has raised $60m in a series A round backed by Takeda and signed a strategic partnership agreement with the corporate worth $80m.
Big deal: QuantumScape fuels up on VW cash
VW will invest $100m in QuantumScape and form a joint venture with the Stanford spinout to develop batteries for long-range electric vehicles.
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