Aiming to provide a long-term future to their Wyss Zurich Translational Center, University of Zurich and ETH Zurich have set up the non-profit Wyss Zurich Foundation.

Data analytics platform developer Starburst raised $250m in a Salesforce-backed round valuing it above $3.3bn while SoftBank co-led a $140m round for small molecule drug developer Ventus.

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

GV, Sony Innovation Fund, Schneider Electric and Swisscom Ventures helped data capture technology producer Scandit raise money at a valuation topping $1bn.

Scandit has welcomed back shareholders including GV, Schneider Electric, Sony and Swisscom for a round that made the ETH Zurich spinout a unicorn.

Digital bank operator Tonik Financial raised $131m in a Mizuho Bank-led round while e-commerce software provider Shopware secured $100m from PayPal and Carlyle.

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

SoftBank Vision Fund 2 led a $300m round for business-to-business marketplace ElasticRun and co-led blockchain creation platform developer Aleo's $200m series B.

Academia-industry collaboration platform In-Part has been acquired by Inova, which is looking to consolidate its position in the biopharmaceutical partnering space.

Chalmers Ventures currently has 100 companies in its portfolio, of which 79% have a connection to the university.