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

McKinsey has bought UVC Partners-backed Orpheus to implement a new service using the company's spending analytics technology.

The online grocer raised funding from investors including Clas Ohlson to help it bolster its operations and build a new distribution hub.

Henkel, Robert Bosch and Rocket Internet have exited the on-demand laundry service Laundrapp in an acquisition by Inc & Co.

Parkwalk's seventh co-investment vehicle with University of Cambridge will nurture early-stage spinouts from the institution.

KKR's Gamma Biosciences platform has committed $54.1m in financing to a new subsidiary of Univercells, whose existing investors include Takeda.

Fonds de solidarité FTQ has officially invested $5m in the fourth fund of ULB's Theodorus, with Théo Risopoulos named as the first team member of a new Quebec office.

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

Insurance underwriting software business Concirrus raised capital to fund product enhancements and entry into new verticals and geographies.

DB Schenker, the logistics arm of Deutsche Bahn, has invested $21.7m in Volocopter, an air taxi developer already backed by corporates Daimler, Geely Holding and Intel.