Online learning startup Apprennet secures $1.8m in round backed by Virginia and Pennsylvania universities.

The talent management software provider launched corporate venturing subsidiary Cornerstone Innovation Fund in 2013 and has now backed four companies.

Hatteras Venture Partners could receive up to $20m from Malin for the $150m fund it is raising, having also secured GlaxoSmithKline and LabCorp as limited partners.

Buffalo spinout Cytocybernetics hopes its technology will help stop drug candidates failing clinical trials for causing heart attacks.

Madras spinout HyperVerge has secured seed funding from a range of venture capital firms to expand into the US.

Legend Star, which acts as the early-stage investment arm of Legend Holdings, participated in the trademark services startup's series A round alongside Matrix Partners.

Umit Koylu has secured a grant from the US National Science Foundation to support the spinning out of his fuel cell technology.