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7 August 2017

News round up 7 August 2017

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

Author: Thierry Heles, editor

OUI appoints new heads of tech transfer

Paul Ashley and Brendan Ludden will be responsible for life sciences and physical sciences, respectively.

Qkine synchronises licensing deal

Cambridge Enterprise has licensed key technology to Qkine, a spinout that is working on proteins to control stem cell growth.

Causeway banks on $1.3m seed round

Scottish Investment Bank has supported a funding round for Causeway Therapeutics, a spinout from University of Glasgow that is working on treatments for tendon injuries and disorders.

Intelesens connects to Ultralinq

Ultralinq has acquired Intelesens, a wearable device manufacturer spun out from Ulster University in 2001.

Arizona outdoes itself again

Since it was launched five years ago, the University of Arizona’s tech transfer office has continuously grown, yet again achieving record numbers in the past financial year.

UnifyID brings together investors for $20m series A

StartX has contributed to a $20m series A round for UnifyID, the operator of an authentication platform that has now secured $23.4m.

Touchstone throws down the gauntlet

Touchstone Innovations has doubled down in its efforts to prevent a hostile takeover by rival IP Group, saying the updated offer continues to undervalue the firm.

Oxford spins out Oxentia

Following a rebranding exercise in February, Oxford University Innovation has now completed the spinning out of its consultancy arm Oxentia.

Neurable computes additional capital

The Zell Lurie Founders Fund, the student-led investment vehicle of University of Michigan, has committed capital to brain-computer interface technology developer Neurable.

China Titans acquires Aquion

The bankrupt saltwater electrolyte battery developer had raised $190m in financing since it was spun out from Carnegie Mellon eight years ago, but was bought for less than $9.2m.

Otomagnetics attracts funding

AngelMD has put an undisclosed amount into Otomagnetics, a developer of a magnetic injection delivery system based on research at University of Maryland, College Park.

Booster fuels up $20m series B

Stanford University’s StartX Fund has backed a $20m series B round for Booster, which lets drivers book a refuelling service.

IonQ calculates $20m series B in funding

GV and New Enterprise Associates have co-led a round for the quantum computing technology developer based on University of Maryland and Duke University research.

Zeetta contacts investors for $2.1m

IP Group has returned to back another funding round for Zeetta Networks, a software-defined networking technology developer based on research at University of Bristol.

UM helps energise accelerator

University of Missouri System is part of a public-private partnership, led by Ameren, that has created an accelerator aimed at energy technology startups.

Big deal: Aarhus University foregoes patents

The institution has partnered a range of Danish corporates to conduct basic research and publish the results for anyone to use.

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