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18 April 2017

News round up 18 April 2017

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

Author: Thierry Heles, editor

ALung draws in UPMC for $36m series C

UPMC and Philips have co-led a funding round for ALung Technologies, a Pittsburgh University spinout working on treatments for acute respiratory failure.

Frequency picks up investors for $32m series A

Frequency Therapeutics is working on a progenitor cell-related treatment for hearing loss based on research conducted at MIT and Harvard Medical School.

Tianjin City launches $17.4bn fund

The fund, backed by Tsinghua Unigroup, will support the growth of industries including high-end manufacturing, IT, aerospace, new energy, new materials, pharmaceuticals and internet-related services.

FaultCurrent attracts funding

Cardiff University spinout FaultCurrent has secured additional funding, which will drive the company’s commercial expansion.

Penn State pencils in showcase week

The weeklong showcase of entrepreneurs and innovators will begin on April 17, covering a wide range of subjects around the theme of overcoming perceived barriers.

MIT starts the Engine

Having raised more than $150m, the new incubator will now focus on selecting startups.

My first AUTM

Ananda Ghosh, marketing associate at NYU Langone Medical Center, takes a look back on his experience at the AUTM 2017 meeting.

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