Fuyo General Lease and Itochu Technology Ventures both invested as the cell-sorting technology developer completed a $15.3m round.

Gene sequencing corporate spinoff MGI Tech closed a $1bn series B round backed by IDG Capital and CPE Capital. The company offers an array of products, some of which have been used for Covid-19 detection and forms part of the promising space of genetics tech.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Blue Venture Fund and McKesson Ventures returned to reinvest in the cancer care analysis platform through a round that almost doubled its overall funding.

The diabetes treatment developer, which counts WL Gore and Johnson & Johnson as investors, has raised a further $27m for its latest round.

Philips Health Technology Ventures and UnityPoint Health Ventures have taken part in a $16.7m round for the telehealth technology provider.

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

Pharmaceuticals distributor MPharma increased its funding to more than $38m in a round that included Dompe Holdings.

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

University of Minnesota has invested in UBC spinout AbCellera's series B round that also included Eli Lilly.