Healthcare
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UH Ventures promotes Kipum Lee to president
UH Ventures has selected Kipum Lee as its new president, succeeding David Sylvan, who will focus on his role with University Hospitals itself.
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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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Robert Langer, prolific MIT spinout founder, launches $77.5 million fund
T.Rx Capital has closed its inaugural fund at $77.5 million to build and invest in healthcare startups, with Langer’s son also among the firm’s co-founders.
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James Hotaling named inaugural chief innovation officer for University of Utah Health
James Hotaling’s promotion comes after he played an instrumental role in launching University of Utah Ventures.
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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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Next Ventures inks strategic partnership with OHSU
The venture capital firm has closed its second fund at $60 million and signed a strategic deal with Oregon Health & Science University.
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Friday Five: Agate Sensors, Detechgene, Data Revival, SenseAI Vision, xCystence Bio
The Friday Five series is back after the summer break, and we’re kicking things off with an array of spinouts that just so happen to all be operating within the life sciences.
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Venture Investors Health Fund raises $80 million to back spinouts
Venture Investors Health Fund has secured $80 million to invest in spinouts from institutions such as the University of Michigan.
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Medical University of South Carolina launches two funds totalling $30 million
The $20 million 1824 Health Ventures Fund I and the $10 million South Carolina Health Innovation Fund will both be managed by Bob Crutchfield.
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Brandon Capital collects A$439 million for sixth fund
Australasian life sciences VC Brandon Capital has a partnership with more than 50 research institutions that provide access to deals.
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Michigan State University unveils $10 million fund
The university is doubling down on its partnership with Henry Ford Health to create a $10 million fund and innovation hub.
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UTEC unveils Fund 6, reaches AuM of more than $1 billion
University of Tokyo Edge Capital Partners has raised ¥47 billion ($326 million) for its sixth fund, its largest to date.
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Friday Five: EnAcuity, Filics, Gallion Health, ODOS, Plasma Fresh
Software that turns surgical cameras into hyperpectral imaging tools, a platform that helps farmers operate more sustainably, and cold plasma that kills foodborne pathogens are all becoming real applications thanks to these spinouts.
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Catalio closes Nexus Fund IV with $400 million
Catalio Capital Management specialises in launching and investing in life sciences spinouts through a network of researchers that act as venture partners.
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Friday Five: Aspecthera, Axiles, LayerLogic, Orinova, Peach Cars
We take a look at some of the early-stage spinouts that caught our eye. This week: Aspecthera, Axiles, LayerLogic, Orinova, Peach Cars
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David O’Neill departs from FACIT
David O’Neill had been president of oncology-focused commercialisation firm Fight Against Cancer Innovation Trust since 2018. Peter Goodhand replaces him.
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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.
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Friday Five: Astratus, Hirundo, Lembas, OrisDX, and Somnee
We take a look at some of the early-stage spinouts that caught our eye. This time: Astratus, Hirundo, Lembas, OrisDX and Somnee.