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13 November 2017

News round up 13 November 2017

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

Author: Thierry Heles, editor

Aylien lands $2.3m investment round

Aylien will recruit 70 more staff and launch its text analysis software following a round backed by the University Bridge Fund.

MF Fire ignites $1.2m round

Connected stove developer MF Fire has become the first portfolio company of the Maryland Momentum Fund.

UVU rings in $25,000 student VC fund

The UVU Wolverine Fund will challenge student entrepreneurs at Utah Valley University with the management of a bona fide VC vehicle.

Eversens samples $765,000 in funding

The Public University of Navarre spinout will use the funds to prepare clinical trials of its biomarker-based asthma diagnosis device.

Giaran blends into Shiseido Americas

Northeastern University cosmetics-focused artificial intelligence spinout Giaran has been acquired by Shiseido Americas for an undisclosed sum.

Vidrovr reels in $1.25m seed round

The Columbia University spinout has received cash from the investment arms of Samsung, Verizon and R/GA.

Johns Hopkins serves up impact incubator

Businesses dealing with beekeeping, cuisine and healthcare have all made the agenda of Johns Hopkins University’s 2017-2018 Social Innovation Lab.

Microbiosensor finds hue of $920,000 investment

Microbiosensor will use the funding to advance its handheld infection diagnosis tool through critical development and clinical testing.

Nightstar picks up Stargadt licence

Nightstar has added a licence for a potential treatment of Stargardt disease to its portfolio.

ADCendo secures Copenhagen licence

ADCendo will develop a single oncology therapy combining antibodies with cytotoxic drugs used during chemotherapy.

IP Group transmits seed round to Chromosol

Chromosol is commercialising optical amplifiers for semiconductors that transmit data via light pulses rather than as electrical signals.

Optimus Ride accelerates to raise $18m

The autonomous vehicle technology developer, spun out of MIT, has secured $18m in series A funding to increase its vehicle fleet and expand its team.

Ribometrix rides out seed round with $7.5m

Abbvie and Mitsubishi Tanabe Pharma participated in the UNC spinout’s first round through their corporate venturing units.

Embodied Intelligence studies $7m seed round

The cash will help the company develop technology that allows machines to learn new tasks after they have received instructions through a virtual reality headset.

Anfiro filters $1.1m seed round

Anfiro, which has licensed Purdue and Notre Dame research, aims to complete a prototype of its polymer-based water treatment system by 2018.

Exicure extrapolates $31.3m

Northwestern University spinout Exicure, formerly known as AuraSense Therapeutics, has added $11.2m to its latest funding round with contributions from Purple Arch Ventures.

Topas tops up series A

Topas has closed its series A round at nearly $21m, following a $4.6m extension that will be used to advance potential autoimmune disease therapies towards clinical trials.

Seven reasons you should choose technology transfer as your next career

Dipanjan Nag provides an insight into technology transfer as a profession and offers seven reasons why you should consider one.

3YourMind erects $12m series A

Unternehmertum Venture Capital Partners has taken part in a $12m series A round for 3YourMind, an additive manufacturing spinout of Technical University of Berlin.

Spero hits public markets with $77m IPO

The bacterial infections drug developer, based on research at Harvard Medical School, has gone public.

Instart Logic finishes $30m round

The Stanford-StartX fund-backed cloud computing optimisation platform has brought in $30m in a round that took its total funding to $140m.

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