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30 October 2017

News round up 30 October 2017

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

Author: Thierry Heles, editor

Bringing university research to market

Finding a way to commercialise research while supporting academic culture is an ongoing but necessary challenge for universities.

Michigan hatches 12 spinouts

University of Michigan’s tech transfer office generated revenues of $14.6m and obtained 172 patents during the 2016-2017 financial year.

TEAC program connects Bristol spinouts

Zeetta Networks and Kets Quantum Security will have access to capital and mentoring for their wireless network and encryption technology respectively.

Delphi tracks down Nutonomy for $450m

Delphi Automotive will pay $400m upfront for MIT spinout Nutonomy, with earn-outs of approximately $50m.

VirionHealth clears $17.1m series A

The University of Warwick spinout is developing treatments for respiratory conditions such as influenza.

Scoutible finds path to $5m seed round

Stanford-StartX has contributed to a seed round for Scoutible, which uses machine learning technology to improve the recruitment process.

Corporates help sink $40m into DeePhi

The deep learning technology developer has raised $40m in a series A+ round from a consortium including Samsung and Ant Financial.

Auckland charges to PowerbyProxi exit

Apple has acquired the wireless charging technology developer, spun out of University of Auckland in 2007 and backed by New Zealand Venture Investment Fund.

Occipital processes Paracosm purchase

3D mapping technology developer Paracosm, which had received $3.3m in a 2014 round featuring iRobot, has been acquired for an undisclosed sum.

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