GCVI Summit 2018
Skip Content

5 December 2016

News roundup 5 December 2016

A roundup of all the latest news on www.globaluniversityventuring.com for our subscribers.

Author: Thierry Heles, editor

Arch leads Nohla’s $43m series A

Arch Venture Partners, which spun out of Chicago University’s tech transfer office, is backing Nohla’s efforts to develop therapies to treat blood disorders.

Oberlin in the Bullpen as third fund closes at $75m

Oberlin College has committed an undisclosed sum to VC firm Bullpen, backer of Edinburgh University spinout FanDuel, a fantasy sports platform.

Cerevance thinks up $21.5m series A

Takeda has supported a series A round for Cerevance as the company is spun out of Rockefeller University's Howard Hughes Medical Institute.

BioGaia completes $1.3m investment in Metabogen

The healthcare group now has a 36% stake in Metabogen, a genetic material research company backed by Gothenburg University’s tech transfer office.

Oxford Biodynamics aims for $25m flotation

The biotech developer, an Oxford University spinout, has hired securities brokerage Stifel to assist in its initial public offering.

Chipcare to compute $18.8m series B

Toronto University spinout Chipcare has obtained an initial $2.8m for the round from unnamed investors.

Hawkeye enters $11m series A orbit

Allied Minds, which spun Hawkeye 360 out of Virginia Tech last year, has supported the series A round that may increase to up to $13.8m.

Nihon Kotsu hails Money Design

The taxi and limousine services provider joined corporates Recruit and Kyoto Bank in the latest funding round for the Dentsu-backed robo-adviser.

UBC seed fund receives $1.5m from two alumni

Greg Peet and Glenn Walsh each donated $700,000 to the fund, which has so far seeded 12 ventures generating combined revenues of $6m in 2016.

Atopix is $80m acquisition subject

Chiesi Farmaceutici has agreed to acquire Atopix Therapeutics, an indirect spinout of Oxford University, in a transaction potentially worth in excess of $80m.

Netmeds places an order for Pluss

Online pharmacy Netmeds acquired the medicine delivery app for an undisclosed sum, providing an exit for Pluss backer Powerhouse Ventures.

Deal net: 28 November – 2 December 2016

The Global University Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.

Copyright Mawsonia Limited 2010. Please don´t cut articles from www.globaluniversityventuring.com or the PDF and redistribute by email or post to the web without written permission.

  • Linkedin
  • Mail
  • Rssfeed