Newton Biocapital’s first fund was instrumental in establishing four spinouts and it has raised $57m towards its $172m goal for its second vehicle.

DMG Ventures contributed to a $50m round for online stationery brand Papier while Hannover Digital Investments helped cross-border payment service Vitesse secure $26m.

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

Cybersecurity technology producer Salt Security nabbed $140m in a CapitalG-led round while healthcare unicorn Thirty Madison merged with Comcast-backed Nurx.

Tencent reinvested in the buy now, pay later sector, backing Alma in a round consisting of $131m in equity and $108m in debt financing.

A roundup of exits, including IPOs and acquisitions, across the tech transfer ecosystem.

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

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.