The air taxi developer added $35m from Baillie Gifford to a $240m first close led by Tencent in March, and is now valued above $1bn.

Caisse de dépôt et placement du Québec has become the second Canadian limited partner to join Theodorus’ fourth fund, which now stands at $47.3m.

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

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

The commercialisation firm generated a $50.3m pre-tax profit having seen off pressure over shareholder dividends and sold its stake in a Virginia Tech-founded space tech business.

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

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

Circulating tumour DNA blood test developer Base Genomics has raised $11m to progress research out of University of Oxford.

OSI returned to back its inaugural investment Oxford Flow, which develops actuated pressure valves for industrial pipelines including oil and gas.

Sumitomo Corporation Europe and existing investor Tekfen Ventures helped provide $28.5m for the gene-edited crop developer's latest round.