US And Canada

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.
Mission Bio identifies $30m series B
Agilent and Lam Research participated in a $30m series B for UCSF's DNA analysis spinout Mission Bio, whose existing shareholders include Stanford-StartX Fund.
Moderna loads up $604m in IPO
Investors including co-founder and Harvard professor Timothy Springer scored exits as mRNA therapy developer Moderna floated in the largest biotech IPO of all time.
Zest Tea brews $1m
The tea product supplier has become the fourth business backed by University of Maryland Momentum Fund.
Purdue entices Henderson
Scott Henderson has become Purdue Research Foundation’s chief entrepreneurial officer to guide through ecosystems at Purdue projects such as the Discovery Park research district.
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.
Purdue prepares Next Offset Solutions
Next Offset Solutions will commercialise a 3D printing technology for energetic materials including rocket fuels and pyrotechnics.
Firefly finds $21.5m spark
Previously backed by Stanford-StartX Fund, Firefly installs digital advertising screens on taxis to provide drivers with greater income and collect urban data for municipal authorities.

Other News

Nowak takes on Wyoming role
Henry Nowak has left North Dakota State University to direct University of Wyoming’s tech transfer hub.
Blue J Legal makes $7m call
Backed by investors including BDC Capital, Toronto-founded Blue J Legal hopes to adapt its legal forecasting technology to the US system.
Freefall lands UAVC funding
Arizona-founded Freefall Aerospace has been backed by UAVC in its efforts to commercialise antennas for 5G and satellite communications.
Minnesota spawns Vascudyne
Vascudyne will develop vascular medical devices offering enhanced performance on the back of a stem cell-grown tissue with similar biological and mechanical qualities to the native equivalent.
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.

Editor's Picks

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.
Ku retires from Stanford OTL
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