Indiana University Philanthropic Venture Fund has joined Purdue Ventures and university-backed VC vehicle Indiana Seed Fund as an investor in healthcare communication platform Diagnotes.

PetaGene hopes its data compression technology will aid the genomic sequencing industry.

NUI Galway-linked businesses to have secured backing last year include kidney reflux test spinout Kite Medical and medical implant developer Loci Orthopaedics.

Spun out of Tübingen, Justus Liebig University Gießen and Münster, Atriva Therapeutics has raised an initial $1.4m to progress next-generation antiviral drugs for conditions including influenza.

Based on research from the universities of Bristol and Nottingham, Exonate has now raised $9m to develop a topical eye drop for conditions including diabetic macular edema.

Martlet has reinvested in Exonate through a $1.8m funding round that increased the retinal eye drop maker's total funding to more than $11m.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

The funding for Shimane's Nanotechnology Project Center came from San-in Godo Bank through an industry-academia cooperation program.

HTGF, Think.Health Ventures and Business Angels have also supplied funding to Max Planck Institute for Biochemistry mass spectrometry spinout PreOmics.

UAVC has returned to back UA-founded hospitality staffing platform Qwick after investing an undisclosed sum in November 2018.