Satt Paris-Saclay portfolio company EG 427 has collected $14m in its first funding round.

Judith Cone, the university’s vice-chancellor for innovation, entrepreneurship and economic development, has announced her intention to retire next month.

Jonathan Barada has joined IU Ventures as vice-president and his focus will include the firm’s Philanthropic Venture Fund.

Karolinska Development has promoted general counsel Johan Dighed to deputy chief executive.

IP Group has returned for a $11.3m round for University of Leeds’ smoke capturing technology provider.

The vehicle charging technology spinout of MIT has secured a further $18m for a Mitsubishi-backed round.

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

Cambridge Enterprise helped fill out a series A round for the battery technology developer that was led by IQ Capital.

DSI Underground has acquired Edvirt, a virtual reality-based training services provider backed by Chalmers Ventures.

University of Cologne’s virtual power plant operator Next Kraftwerke has agreed to an acquisition of undisclosed size by Shell.