UK Innovate will unite the Office of Technology Commercialization and several other initiatives as the university reveals it launched six new spinouts.

The GV-backed medical supplies distribution service received the money from new and returning investors at a $2.75bn valuation.

SBCVC helped supply $46.5m for smart industrial software developer Ones while e-commerce marketplace aggregator 10club raised $40m in a PDC and HeyDay-backed seed round.

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

The diagnostic and therapeutic isotope producer secured series C-5 funding, which will be used to accelerate the development of new fusion-based technology applications.

Gilead Sciences is co-leading a $75m PIPE deal for the coronavirus drug developer, which is set take the place on Nasdaq held by FS Development Corp II later this year.

Existing investor Hearst backed healthcare services portal Wellthy in a series B round which pushed its overall funding to about $45m.

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

Healthcare planning software developer Hospital IQ secured $25m in a Baxter-led round while augmented reality platform developer Ubiquity6 and infant product retailer Mumzworld have been acquired.

The surgical technology developer was valued at $3bn in a series C round backed by returning investor Cambridge Innovation Capital.