Oxford Sciences Innovation returned to reinvest in the smart echocardiogram technology spinout, helping increase its overall funding to nearly $60m.

Blue Venture Fund led a round that included corporate venturing units GV and Optum Ventures, taking the medical imaging system developer's total funding to almost $60m.

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

Ventricular assistance system developer CH Biomedical closed a Baheal-backed series D round while peer-to-peer lending platform Alami secured $17.5m in a round led by EV Growth.

Early backers including Micromax Informatics are receiving 15-times returns on their investment in the health management app developer.

TU Delft and UMC Utrecht spinout MILabs has been purchased by Rigaku Corporation, which plans to use its medical imaging technology in drug development.

SoftBank Ventures Asia led ERP software provider Mabang's $46.3m series B round while Mainport Innovation Fund exited electrification technology developer ViriCiti.

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

Sino Biopharmaceutical was among the participants in a round valuing the drug development technology provider at over $2bn.

Eyevensys has added $12m to its coffers, having previously procured $30m in a series B round backed by Inserm Transfert in early 2020.