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

KU Leuven's autoimmune disease therapy developer Imcyse, which is targeting type 1 diabetes, has raised close to $39m in equity and debt financing in its latest effort.

Northern Accelerator, an investment program which supports spinouts from Durham, Newcastle, Northumbria and Sunderland universities, plans to raise $125m for a venture fund.

Innovative region: UK

British University Spinout Investment Fund hopes to complete its fundraising efforts by 2020 to back businesses based on university research.

DTU-owned PreSeed Ventures will seek to raise an independent fund following the wind-down of government support, and has appointed Jesper Juhl Hansen as CFO.

The "Spin-Off Universität St. Gallen" label has been granted to 122 spinouts over the past two years, with 22 of those remaining based in the city.

ADP, SEB, Michelin, Valeo, Accor, BioMérieux, Dassault, JCDecaux Holding, Kering and Pernod Ricard have all contributed to the venture fund’s $358m first close.

The sports content publishing platform increased its overall funding to $120m with a ProSiebenSat.1-backed round that will enable it to extend its M&A activities.

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