Immunotherapy developer Arcus Biosciences, backed by Stanford University, has raised series C funding from a GV-led consortium that included Celgene and Taiho.

The cash will be used for a recruitment drive as QCI begins to ramp up the development of modules that could eventually be used for general purpose quantum computing.

EMBL-backed Arsanis hopes to sell 3,125,000 shares priced at $15 to $17 and raise a total of up to $61m in its initial public offering.

Atomic Mechanics has been spun out of Manchester to couple semiconductors with graphene to build highly reactive pressure sensors.

The board has recommended Touchstone shareholders accept the $641m all-shares offer from commercialisation peer IP Group before Touchstone ceases trading on Aim on December 11.

A round up of all the latest news on www.globaluniversityventuring.com for our subscribers.

The UVU Wolverine Fund will challenge student entrepreneurs at Utah Valley University with the management of a bona fide VC vehicle.

Connected stove developer MF Fire has become the first portfolio company of the Maryland Momentum Fund.

Aylien will recruit 70 more staff and launch its text analysis software following a round backed by the University Bridge Fund.

Nightstar has added a licence for a potential treatment of Stargardt disease to its portfolio.