Spun out of King’s College London, AviadoBio is focusing on neurodegenerative diseases and has emerged from stealth with nearly $100m in overall funding.

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

The security product maker's coprorate venturing subsidiary has doubled the size of its debut fund for its sophomore vehicle, along with its investment size.

Mercedes-Benz and Stellantis made strategic investments in advanced battery developer Factorial Energy while celluar therapy developer Mana Therapeutics closed its $42m series A round.

SoftBank Vision Fund 2 has returned to back the temporary staffing service’s latest round, with the funding secured at a $2.35bn valuation.

Haptic glove developer HaptX hiked a NetEase and Verizon-backed series A round to $28m while several corporates contributed to home care network Welmo's $18.1m series C round.

ING Ventures, JPMorgan Chase, SEB, Lloyds Banking Group and SC Ventures all contributed to a series C round pushing the banking software developer's valuation past $1bn.

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

McGraw Hill is set to exit the language learning platform developer in an all-cash acquisition by Chegg that will help it expand in the United States.

Knapp, Greiner and Heinzel Group are among the limited partners in Speedinvest's $90.8m Climate & Industry Opportunity fund.