Based on research at Ludwig Maximilian University of Munich and Max-Planck-Institute for Biophysical Chemistry, Modag has launched out of stealth with $14m in series A funding.

Cancer Research UK has partnered SV Health Investors to launch a $250m commercialisation fund, building on their successful collaborations before in establishing Artios and Kudos.

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

The nano medicine technology developer received $11.2m in a Mandatum Life and Ilmarinen-backed round.

Corporate backers Unilever, Aviva and Sky are among the limited partners that helped the investment firm reach a final close of $253m.

Ahren Innovation Capital, co-founded by eight Cambridge, UK, researchers, has reached its final close, having attracted limited partners including Unilever, Sky and Aviva.

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

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

Online trading risk platform Mitigram has raised $10.7m in the round, which included Mandatum Life and brought its total funding to $17.5m.

University of the Balearic Islands spinout Sanifit has raised $62.8m in a series D round backed by existing backer Lundbeckfonden Ventures to bring its overall financing to $149m.