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Penn joins BioNTech and OUP to launch $50m PxB Fund
The Penn-BioNTech Innovative Therapeutics Seed Fund follows the announcement of Penn’s $10 million StartUP Fund last month.
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Osage University Partners promotes Stockman, Miri and Grafstrom
Manny Stockman has been promoted to managing partner, while Mitra Miri is now a partner, and Beth Grafstrom is the senior VP of finance.
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Shashank Priya joins Michigan State University as vice president for research and innovation
Michigan State University is bringing in Shashank Priya to succeed Douglas Gage as vice president for research and innovation.
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Ohio University’s director of tech transfer Bob Silva retires
Bob Silva, the director of technology transfer at Ohio University for the past fifteen years, is taking a six-month leave ahead of his retirement in June.
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Kangwon National University receives state capital for new fund
Kangwon National University Technology Holding, the Korean institution’s commercialisation arm, will work with Trigger Investment Partners.
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Adelaide University opens its doors with Michelle Perugini heading tech transfer
Michelle Perugini has joined the newly established Adelaide University, the result of a merger between two institutions, to lead commercialisation.
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Cheryl Horst made permanent executive director of NUtech Ventures
Cheryl Horst has been serving in an interim capacity since July last year, and has worked for NUtech Ventures for more than sixteen years.
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PSV Hafnium closes €60m fund
The fund was launched in 2024 with an initial €55 million and a hard cap of €80 million, closing at the lower end of the scale.
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Harvard promotes Sam Liss to succeed Isaac Kohlberg
Sam Liss has been appointed chief technology development officer and associate provost at Harvard University, where he will succeed Isaac Kohlberg.
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Trent University names Tana Allen vice president for research and innovation
Tana Allen has been appointed vice president for research and innovation at Trent University, and will take on her new role next autumn.
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University of Manchester is quietly raising a pre-seed fund
The University of Manchester already has a stake in Northern Gritstone but is in the process of raising a separate pre-seed fund.
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QUBIS appoints Marina Donohoe as its next CEO
Marina Donohoe will succeed Brian McCaul, who announced his decision to step down earlier this year.
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Penn launches $10m StartUP Fund
The University of Pennsylvania has long resisted launching its own venture fund, but has now announced a $10 million investment fund for spinouts.
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Cindy Klein Marmer made permanent director of the Blank Center
She has served as interim executive director of Babson College’s entrepreneurship hub since last year, and her role is now permanent.
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Kevin Gardner, Stony Brook’s VP for research and innovation, steps down
Kevin Gardner, the vice president for research and innovation at Stony Brook University, will step down by the end of the year to return to teaching.
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CWRU promotes Michael Oakes to executive VP for research and economic development
Michael Oakes joined Case Western Reserve University as the senior vice president for research and technology management over three years ago.
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Mikkel Sørensen steps down from DTU Skylab to focus on SkyFactory
After twelve years with TU Denmark’s innovation hub Skylab, Mikkel Sørensen is putting his focus on the new DTU SkyFactory.
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IIT Bombay creates ₹2.5bn Y Point Venture Capital Fund
The Y Point Venture Capital Fund will primarily invest in early-stage, deeptech IIT Bombay spinouts, but also back startups from other institutions.
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Cambridge tasks Roland Sinker with inclusive innovation review
Roland Sinker will lead a review into the delivery of inclusive innovation and growth for the University of Cambridge over the next year.
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U2V launches €60m fund targeting European spinouts
University2Ventures has been set up by the partners of Earlybird X, which launched in 2021 to similarly invest in university spinoffs.
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Fitz Gate closes Fund III anchored by Rice’s Office of Innovation
Rice University’s Office of Innovation is one of the anchor investors in Fitz Gate’s Fund III, which has brought the firm’s AuM to around $70 million.
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NZ Innovation Booster adds the University of Auckland to LPs
NZ Innovation Booster started at Wellington UniVentures, before partnering with Otago Innovation, and now Auckland UniServices.
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Alexander Khalessi promoted to chief innovation officer at UC San Diego Health
Alexander Khalessi is the current chair of neurological surgery and a professor of surgery, radiology and neurosciences at UC San Diego Health.
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Tanarra Capital explores fund of funds for spinouts
Tanarra Capital currently manages the University of Melbourne’s Tin Alley Ventures and is keen to expand its focus on university startups.
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Fudan University launches two funds, worth a combined $242m
The Chinese university has set up a CN¥1 billion fund and a $100 million vehicle in order to significantly bolster its innovation ecosystem.
