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Roundup

18 September 2017

News round up 18 September 2017

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

Author: Thierry Heles, editor

WUSTL beats the drum for eight spinouts

Washington University in St Louis spun out eight companies during the past financial year and marked a 16% increase in novel invention disclosures.

Atelerix stems from Newcastle research

The Northern Accelerator partnership of Durham University and Newcastle University has helped set up Atelerix, a human cell storage developer.

Mednoxa fixes up $30,000 seed funding

Mednoxa, a manufacturer of oxygenation-based wound and ulcer dressing spun out from Purdue University, has secured $30,000 in seed funding from Health Wildcatters.

Investors mobilise $42m for Federated Wireless’ series B

Allied Minds has supported a series B round that also included Woodford Investment Management, Singapore’s sovereign wealth fund GIC and several corporates.

Ieso Digital Health talks through $20m

Online behavioural therapy platform Ieso Digital Health has raised $20m of a $24m round co-led by Touchstone Innovations and Draper Esprit.

TTTech spins $89m funding wheels

Samsung has made an $89m investment in TU Wien spinout TTTech, committing the cash through its newly established Samsung Automotive Innovation Fund.

Reineke leads tech transfer at Geisenheim

Annette Reineke has been appointed vice-president of research at Geisenheim University, with technology transfer one of her responsibilities.

Phytelligence yields more series B capital

Avrio Capital has added $5m to a series B round that achieved an initial close of $6.95m in July with a commitment from WRF Capital.

Austria boosts spinout support

The government has launched Spin-Off Austria, an $18m nationwide initiative that will support academics looking to set up spinouts.

Xmos extricates $15m in funding

The voice-control technology developer spun out from University of Bristol has closed a series E round led by strategic investor Infineon Technologies.

Maestro orchestrates $3m series A

Stanford University’s StartX Fund has supported a series A round for content analytics platform Maestro.

A university should be as generous as it can afford to be

Tom Hockaday, founder of Technology Transfer Innovation and former head of Oxford’s commercialisation office, looks at why a university should be as generous as it can afford to be in matters of technology transfer.

Duke machine learning spinout receives $10m

A Duke University spinout based on research by Lawrence Carin, professor of electrical and computer engineering, has received $10m of initial funding from Carrick Capital Partners.

Mars Innovation sets up Lab150 experiment

Inspired by University of Oxford and Evotec’s Lab282 initiative, Mars Innovation has also joined forces with the corporate to establish a drug discovery collaboration.

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