GV and Decibel co-led the round having previously backed the U-M networking cybersecurity company alongside Greylock Partners in 2016.

Wenge Tech, a CAS-owned data analytics business targeting media applications, has attracted Cash Holdings and CAS Star for its latest round.

Cigna and Kaiser Permanente have participated in a $50m series D round for Ginger, bringing the MIT spinout's total funding to more than $120m.

UCL's Freeline Therapeutics has priced its shares at $18 to raise nearly $159m through an IPO on the Nasdaq Global Select Market.

Fujita, Industrial Growth Platform and SBI were among the investors in the automation technology developer, a spinout of University of Tokyo.

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

Allied Minds claimed a 1.27x investment return after exiting restaurant guest engagement platform TableUp in an all-share transaction.

UGA's Innovation Gateway will have an additional $10m to play with as the university looks to double down on a strong tech transfer performance in recent times.

Novartis Venture Fund has helped seed a T-cell drug developer founded from Seattle Children's Hospital, Benaroya Research Institute and MIGAL Galilee.

Erstwhile Cambridge Innovation Capital chief executive Victor Christou has resurfaced to join YFM Equity Partners’ London offices.