Spun out of University of Côte d’Azur and Inserm, InnoSkel expects to fund clinical work to address a form of skeletal dysplasia that causes dwarfism.

Poste Italiane, PayPal, ABN Amro and BNP Paribas all took part in a round valuing the open banking software provider at $825m.

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

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

The university has joined the Irish Photonics Integrated Centre for a deep tech accelerator supported by Osram, IQE and the European Commission.

Sky, GMG Ventures and BDMI participated in a $10.6m round for Papercup as it continues to enhance its content translation technology.

Deimos Space owner Elecnor reinvested in Orbex having participated in a $39.6m round for the orbital launch vehicle developer two years ago.

SBI was among the participants in the financial management tool developer's seriies B round, which will fund product development and US expansion.

EDP Ventures has exited telematics technology provider Drivit in a purchase by Zego, which will use its technology to verify insurance claims.

The rocket launcher spinout of TUM has received $90.8m in a UVC Partners-backed round as it prepares for a first commercial launch in 2022.