Uqar spinout Ovensa has obtained $1.38m of additional funding from investors including commercialisation firm Aligo Innovation.

Mednoxa, a manufacturer of oxygenation-based wound and ulcer dressing spun out from Purdue University, has secured $30,000 in seed funding from Health Wildcatters.

The Northern Accelerator partnership of Durham University and Newcastle University has helped set up Atelerix, a human cell storage developer.

The university venture fund, backed by UZH Foundation and Novartis Venture Fund, has made its first investment in a University of Zurich spinout, Cutiss.