MIT's The Engine has returned to back membrane-based separation technology spinout Via Separations, after previously investing an undisclosed sum in 2017.

Scotiabank has supplied University of Calgary-affiliated Well Doc Alberta with funding under a pact signed when it bought MD Financial Management last year.

The series A round reportedly featured UCLA Ventures, with the cash going towards expanding the business and technology for FanFood’s events concession app.

Parkwalk Advisors has sold on most of its stake in Oxford-founded drone designer Animal Dynamics, securing a 6.9 times return.

UW’s president and community acknowledged the legacy of vice-president of innovation strategy Vikram Jandhyala, who has passed away aged 47.

Harvard has partnered Deerfield to launch commercialisation firm Lab1636 with $100m in funding in order to advance life science projects towards the clinic and establish spinouts.

OUP has closed an oversubscribed third fund that it expects will invest in 40 to 50 spinouts, primarily originating from 19 core partner institutions.

The accelerator will support up to 12 health projects at a time, led by innovators including UW Health faculty and with resources provided by four partners including Warf.

VC assets accounted for 19% of Yale’s endowment portfolio by June 2018 compared with 13.7% four years previously, as resources shifted away from leveraged buyouts and real estate.

Garwood Medical Devices is developing two therapeutic electrode-powered products based on licences from University of Buffalo, having last raised $3.6m in 2016.