Industrial
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IP Group launches A$50 million climate tech fund
IP Group and CEFC have launched the A$50 million Climate Catalyst Fund to accelerate Australian cleantech innovation in hard-to-abate industries
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Penn launches $200 million fund to drive engineering spinouts
The University of Pennsylvania has established its third fund in just four months, this time targeting startups from the School of Engineering.
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Poli360 pushes Fund II to €85 million first close
Managed by 360 Capital, the spinout investment fund has a target size of €100 million and will invest in early-stage deeptech spinouts.
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Cambridge x Manchester enlists Faye Holland to lead partnership
Faye Holland brings considerable expertise of the Cambridge cluster in particular to the job, and is a successfully exited founder.
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IIT Bombay creates ₹2.5 billion 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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U2V launches €60 million 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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Fudan University launches two funds, worth a combined $242 million
The Chinese university has set up a CN¥1 billion fund and a $100 million vehicle in order to significantly bolster its innovation ecosystem.
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Entertech VCIF launches to back Turkish startups
The fund has been created by Entertech Istanbul Technopark, which is owned by Istanbul University and Istanbul University-Cerrahpaşa.
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William Kirkland picked to helm South Carolina Research Authority
The former executive of the University of South Carolina’s Office of Economic Engagement will run the South Carolina Research Authority.
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Friday Five: VR glaucoma scans, heat-powered sensors, and 3D‑printing space trash into tools
Spinouts turn waste, thermal energy and VR tech into sustainable solutions for industry, space, and healthcare.
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Friday Five: Stop metastasis, sync fleets, sterilise surfaces
Block Biosciences, FleetMQ, Molecular Sustainable Solutions, OnTracx, and TransHumanity make up this week’s selection of spinouts to watch.
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Friday Five: DigitalCNC, Draig Therapeutics, LastingAsset, RIFT, ScopeBio
We take a look at some of the early-stage spinouts that caught our eye. This time: DigitalCNC, Draig Therapeutics, LastingAsset, RIFT, and ScopeBio.
