American Airlines, Avolon, Honeywell, Rolls-Royce, 40 North and M12 have contributed to a private placement backing the transaction.

Morningside Venture Investments has led a series B round for the fibrotic diseases-focused spinout that advances University of Strasbourg research.

Prof Bernd Bickel will be the inaugural vice-president for technology transfer at IST Austria as part of a wider management reshuffle.

Deeptech Labs, an incubator backed by Cambridge Innovation Capital, has announced its inaugural cohort of five startups that have each received $485,000.

The cybersecurity training platform developer has now raised a total of $123m as of the close of a Citi Ventures-backed round.

Online vehicle retailer Motorway, restaurant ordering software provider Popmenu and meat and fish e-commerce platform Licious have all raised between $65m and $68m.

Cambridge Innovation Capital has doubled down on its commitment to Origami, having already taken part in all previous rounds.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

TUM spinout Celonis has grown to Germany’s first decacorn, three years after becoming the university’s first unicorn.

Barclays Sustainable Impact Capital led a $28.5m round for the energy management software provider that included existing investor Aggreko.