The venture capital firm specialises in backing spinouts and has already celebrated an exit with the flotation of Amsterdam UMC’s Lava Therapeutics.

Leaps by Bayer has led the seed round for Edifice Health, which spun out of Stanford University and also attracted Ahren Innovation Capital.

Venture fund's initial investments include Lava Therapeutics, which floated on Nasdaq stock exchange in March.

Mastercard and Samsung Next returned for authenication technology provider Hypr's series C round while risk management software provider Archipelago raised $34m.

First reported late last year, Sense Biodetection has confirmed a $50m series B round backed by Cambridge Innovation Capital.

Koch Disruptive Technologies led the molecular diagnostics test developer’s series B round, which will support the progression of its covid-19 test to market.

University of Louisville spinout Talaris has filed for an initial public offering on the Nasdaq Global Market.

Post Holdings led a $25m round for vegetarian meat brand Hungry Planet while Nium and Dataiku added to nine-figure funding totals.

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

The CIC-backed eye disease treatment developer has filed for a $100m initial public offering, having raised over $250m in funding in the past two years.