The angel investment firm, which focuses on University of Oxford-linked businesses, has raised an undisclosed amount towards the $5m target for its second fund.

The Adevinta-backed online property marketplace has secured debt and equity financing in a round led by real estate investor NREP.

ABB's restructuring drive has created a new role for Malin Carlstrom as head of ventures, ABB Electrification

GMG Ventures came onboard for the market research provider's series B round, which was led by venture firm Lakestar.

Atresmedia, Adevinta Ventures and Toyota AI Ventures helped the car rental subscription service boost its overall funding to nearly $23m.

Eli Lilly has reinforced its partnership with the life sciences-focused venture firm, contributing to its TVM Life Science Innovation II vehicle.

Novartis has bought Vedere Bio, a retinal disease therapy spinout of UC Berkeley also exploiting UPenn research, to expand its gene medicine capabilities.

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

Alexis Dormandy will join Oxford Sciences Innovation as chief executive, moving over from Atomico by January 2021 to take over from interim CEO Jim Wilkinson.

Banco Sabadell looks likely to have exited the digital signature software provider after Providence Equity Partners bought a majority stake.