Zurich immuno-oncology spinout Anaveon raised $35.1m from Novartis Venture Fund and Syncona in addition to seed-stage notes converted by the UZH Life Sciences Fund.

Russian Academy of Sciences spinout PM&HM has signed up a second government-owned vehicle to help commercialise its digitally-enabled inhaler for tuberculosis, cancer and HIV.

NovaUCD has helped spawn 45 spinouts since 2003 and offered innovation support to companies which generated more than $128m of combined turnover during 2018.

Fraunhofer Venture has unveiled an accelerator for businesses based on its research in areas including artificial intelligence, digital medicine and industry 4.0.

Innovative region: Germany

Rare disease diagnosis technology developer Centogene is gearing up for an IPO having spun out from Rostock in 2006 and raised $28.5m of equity funding in 2017.

Honda, Panasonic and Omron are among the limited partners of NordicNinja VC’s inaugural fund, which has identified several university ecosystems in northern Europe as offering opportunities.

Honda, Panasonic and Omron are among the limited partners of NordicNinja VC’s inaugural fund, which will focus on deep tech and help northern European startups expand into Asia.

Finasucre has taken part in a $125m series C round for Ÿnsect, an agtech developer that breeds insects to use as fish feed and fertiliser.

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