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

Mercia Asset Management has lost its investment director and university lead Nicola Broughton to a new $171m fund targeting the medical cannabis industry.

Axa, BNP Paribas Cardif, CNP Assurances and SG Insurance have backed the investment firm's first regional vehicle, which has already deployed $80m.

Siemens and Scania-backed Sennder has merged with fellow on-demand logistics provider Everoad to seize a larger chunk of the European marketplace.

Christophe Haunold has departed Institut national polytechnique de Toulouse to head up a new tech transfer office launched by University of Luxembourg.

Eli Lilly will collaborate on five drug candidates based on the Oxford and Karolinska Institute spinout's exosome delivery technology.

RWS Holdings had bought language translation software developer Iconic Translation Machines, founded on DCU's research into translating patents.

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

Four regional tech transfer offices in France's Satt network have been awarded additional government funding.

TU Munich's air taxi developer has added $35m from Bailie Gifford to a $240m first tranche led by Tencent in March, and is now valued above $1bn.