Citi Ventures has returned to help invest $50m in the online payment platform, two years after participating in a deal the same size that was led by PayPal.

University of Manchester has rebranded its tech transfer office to Innovation Factory and plans to form between 15 and 20 spinouts per year going forward.

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

The Müller Medien-backed telehealth diagnostics system developer raised $10.3m in a round co-led by Heal Capital and the European Bank for Reconstruction and Development.

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

Gene therapy developer Freeline Therapeutics priced an upsized offering at the top of its range following $275m in funding from investors including Novo.

UCL's Freeline Therapeutics has priced its shares at $18 to raise nearly $159m through an IPO on the Nasdaq Global Select Market.

The GM-backed transport data provider has added $13.1m in a round led by existing investor DIP Capital and backed by the UK’s Future Fund.

Erstwhile Cambridge Innovation Capital chief executive Victor Christou has resurfaced to join YFM Equity Partners’ London offices.

NetScientific is poised to acquire EMV Capital in an all-share deal after appointing the latter's managing director as its chief executive in May.