University of Utah's drug discovery technology producer has raised series D funding to increase its post-money valuation to some $1.2bn.

U-M Tech Transfer generated a record number of spinouts for a second consecutive year but reported less funding for its portfolio.

Fluke has added to $30m of series C capital raised by University of Michigan and Virginia-founded Everactive last year.

PMV Pharmaceuticals – built on foundational work at Princeton – will use some of the proceeds to complete phase 1 trials of its lead asset.

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

Fredrik Järrsten has quit his role as CFO and deputy CEO of Karolinska Development after helping steer the firm's financial turnaround.

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

VTT spinout Solar Foods, developer of a method of creating protein from air, has increased a series A round led by strategic partner Fazer Group to $20.7m.

Frontier IP has secured the services of software development veteran Mark Rosten to supervise IT deal flow and product deployment at its portfolio companies.

Grifols has acquired its existing portfolio company Alkahest, five years after buying a 45% stake in the Stanford University spinout.