The University of California, Davis, enabled the foundation of 16 commercial companies during the fiscal year ending June 30, an all-time high for the university. This brings the total number of startups made possible by UC Davis technologies during the past 10 years to 137.
Among those startups, Evolve BioSystems, which builds on university research on infant gut microbiome and breast milk components, recently completed a $40 million Series C financing, co-led by Horizons Ventures and the Bill and Melinda Gates Foundation, to expand sales of its flagship infant probiotic product worldwide.
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