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Roundup

2 October 2017

News round up 2 October 2017

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

Author: Thierry Heles, editor

University venture funds must reach beyond the golden triangle

University innovators and venture investors need to embrace collaboration to unlock potential.

Integra taps into $25m funding

Integra, set up by Yissum to invest in life science spinouts from Hebrew University of Jerusalem, has secured an initial tranche led by Temasek.

Evotec designs $17.7m Exscientia deal

Evotec has injected $17.7m into Exscientia, becoming the first strategic shareholder in the drug discovery spinout based on research at University of Dundee.

Cardinal Analytx examines $6.1m series A

The spinout has turned to Stanford-Start X Fund as it prepares to add data sciences, engineering and clinical features to its machine-learning based service for health insurers.

Ryerson and Facebook pen journalism incubator

Ryerson University’s School of Journalism has partnered Facebook to launch an incubator aimed at digital media spinouts.

Onfido verifies $30m series C

Microsoft and Salesforce have participated in a series C round for Onfido, an identity verification service also backed by University of Oxford.

Mursla partners Cambridge for liquid biopsy project

The oncology-focused developer has set up in University of Cambridge’s IdeaSpace innovation hub to collaborate on a prototype of its diagnostic nanostructures.

Xenoma tracks down $1.8m round

University of Tokyo’s UTokyo Innovation Platform has invested in the wearable technology developer, which is planning to customise its smart apparel design for business clients.

UC Davis ends year with 14 new spinouts

The list includes spinouts aiming to tackle arthritis, cognitive disabilities and diseases of citrus plants.

USF faculty excels in awards

The university’s Excellence in Innovation awards have emphasised commercialised intellectual property based on research in neuroscience, biosensors and computer engineering.

Autolus identifies $80m series C

The cancer treatment developer spun out from UCL has secured $80m in series C capital from investors including Woodford Investment Management and Syncona.

Purdue debuts $18.5m Bechtel Innovation Design Centre

Faculty and students have been given access to an array of production services at the facility.

PMV circles Feops for $7.1m series B

The cardiovascular software developer has built modelling programs that could help doctors decide whether patients are fit for surgery.

Nuvasive snaps up Vertera Spine

Vertera Spine, a spinal implant developer base on Duke and Georgia Tech research, has been picked up shortly after receiving regulatory approval for two products.

Pittsburgh vaults into Koutif Therapeutics

University of Pittsburgh and accelerator BioMotiv are set to generate a spinout based on anti-inflammatory research by Rama Mallampalli and Beibei Chen.

Shell unsheathes Singapore accelerator

IdeaRefinery, which will not invest directly in the startups but will provide support, office space and executive mentorship, is supported by National University of Singapore.

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