Oxford Nanopore is reportedly eyeing a $2.1bn private placement that could offer an exit to Woodford Investment Management.

Mitsubishi Electric, Hyundai, Toyota AI Ventures and Omron Ventures all contributed to an $11.7m round that will fund an increase in the Duke spinout's headcount.

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

Dai-ichi Life has led the final close for the Japan-based financial technology developer’s $38.8m series C round, which was already backed by Tokyo University of Science Investment Management Company.

ArsenalBio has picked up $85m in funding to commercialise immunotherapy engineering research resulting from a collaboration that includes PICI and UCSF.

Corelight, a network cybersecurity platform developer based on UC Berkeley technology, will use the cash to accelerate product development, research, sales and marketing.

Intel Capital's Wendell Brooks is among the donors to a philanthropic fund that will invest in early-stage University of Michigan spinouts.

Invest NI is to continue its funding relationship wit Crescent Capital and Techstart Ventures, the latter of which has previously operated two $2m funds aimed at spinouts.

Woodford Patient Capital Trust has been left with only a lifeline after Neil Woodford announced the closure of his fund management firm.

UT-Dallas's cross-disciplinary Institute for Innovation and Entrepreneurship has promoted its assistant director Paul Nichols to director.