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

The European Investment Fund will provide half the capital for the $59m i&i Biotech Fund I, which will operate out of the Czech Republic.

Case Western Reserve University-linked Lucid Diagnostics is seeking an initial public offering that would net it up to $57.5m.

Co-founded by Harvard faculty, Garuda has launched with $72m in series A financing to advance blood stem cell therapies.

Originally known as Oxford Sciences Innovation, the investment company set up by University of Oxford has undertaken a rebranding exercise.

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

The Engine has reinvested in Lilac Solutions, a lithium extraction technology developer building on research at Northwestern University.

Battery recycling service provider Battery Resourcers, a Worcester Polytechnic Institute spinout, has closed its latest round at $70m.

Stanford spinout DeepVision will use the cash to fund work on its edge computing hardware and software.

Congruent Ventures is among the backers of a $33m series B round for Omnidian, having already taken part in a series A round two years ago.