The autoimmune disease drug developer's series A round has closed at $42.4m after Roche Venture Fund added funding to a first close co-led by AbbVie Ventures.

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

The open banking technology provider lured Opera Tech Ventures, SBI Investment and Sony Innovation Fund by IGV for a round that brought its total funding to about $47m.

Deutsche Telekom is set to exit the BPM software provider in a purchase by SAP reported to be sized at about $1.2bn, triple the size of its 2019 valuation.

Inven Capital has returned to invest in the micromobility management service provider, four years after backing its series B round.

EDF, Siemens and Honda scored exits as the EV charging services provider was bought by Shell for an undisclosed sum.

The financial services provider is reportedly looking for a management team for the $100m fund in Germany. 

University of Zurich has generated 143 spinouts since 1999, 75 out of which were founded in the past decade.

Q&A with Malin Carlström, head of ventures, ABB Electrification

Prosus took part in a round that pushed the total raised by the food and consumer goods delivery service to $856m.