Cengiz Tarhan will step down from his role as managing director of UCL Business at the end of this month, 25 years after he established tech transfer office.

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

Men's styling and fashion e-commerce platform Thread has now raised $40m altogether, having secured funding from H&M Co:Lab among others.

Amgen has invested $66m in genetic sequencing system provider Oxford Nanopore, increasing its latest funding round to $206m.

Oxford Nanopore has secured $66m from Amgen, after the latter’s subsidiary Decode Genetics used the spinout’s technology to sequence hundreds of human genomes.

Purplebricks and Axel Springer both took part in a $22.8m round for online real estate marketplace Homeday, taking board seats in the process.

Urban Infrastructure Partner, which provides bicycle sharing services for municipal clients in Norway and Scotland, raised the cash from Møller Mobility and Selvaag Invest.

Independent News & Media-backed Truphone has added $23.6m to its coffers through a rights issue, with about $47m more committed on a conditional basis.

Karolinska Institute spinout Palette Life Sciences will add three medical products based on Nestlé’s intellectual property to its existing program targeting pain suffered during gynaecological procedures.

Mercia Technologies has returned to back Locate Bio's pursuit of orthopaedic therapies based on research at University of Nottingham.