Motion biomarker diagnostics company Figur8, which partly builds on MIT research, has collected $7.5m in a round involving MIT Media Labs affiliate E14 Fund.

Smart urban lighting management business Smartnodes has been picked up by Lacroix Group having spun out of University of Liège and UCLouvain in 2007.

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

GV was among the investors for Stanford-backed online life insurance provider Ethos's latest round, which brought the its total funding to more than $106m.

IU Angel Network will give the university’s businesses access to angel funding in pre-seed, seed and series A rounds.

MIT's The Engine will be able to incubate dozens more businesses after the completion of a converted unit hosting additional offices, labs and fabrication facilities in early 2022.

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

Modis Therapeutics, a Columbia University spinout focused on a rare mitochondrial disease, has been bought by Zogenix in a deal potentially worth $400m.

UNM equalled its spinout total for 2017-18 while generating $1.9m in royalties and patent payments.

HKUST Entrepreneurship Fund will invest up to $250,000 in the university's early-stage spinouts, running for an anticipated five-year term.