The MIT industrial modelling tool spinout received commitments from Innogy and Shell to drive further adoption of its products in the energy sector.

Toyota has backed Imperial's spatial robotics software spinout SlamCore's latest round, adding to seed funding raised from Imperial Innovations and others in May 2017.

Sutro Biopharma, an immunotherapy developer commercialising technology created at Stanford University, has floated on the Nasdaq Global Market.

UCLA co-led the online meat and fish merchant's series C round, which included Bertelsmann, Sistema Asia and Vertex Ventures.

Satellite launching rocket producer Gilmour Space Technologies has been backed by Main Sequence Ventures, managers of Csiro Innovation Fund, taking its total to $17.4m.

University of Rochester-affiliated VC fund Excell Partners has been selected to manage a state government-funded vehicle targeting local companies in sectors such as optics and life sciences.

The venture fund of Tel Aviv University has added 3D printing technology developer Castor and geolocation platform provider Hoopo to its portfolio.

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Novo has co-led a series B round together with Omega Funds for Morphic Therapeutic, based on research by Harvard professor Timothy Springer.

Software bug checking developer Code Intelligence spun out of University of Bonn in 2017 and has now been backed by HTGF and Digital Hub Bonn.