Roche Venture Fund returned to help SutroVax, a developer of vaccines for a range of deadly infectious diseases, push its overall funding past $280m.

Tepco Power Grid helped the specialised care software developer take its latest round, which already included Line, Mixi, Aioi Nissay Dowa, Akatsuki, Global Kids and Konica Minolta, to $14.3m.

UT Southwestern spinout Recode Therapeutics has completed an oversubscribed $80m series A round featuring Osage University Partners.

Illumina was among the returning investors for the round that will help Columbia spinout Kallyope prepare a weight loss treatment for clinical trials.

Illumina Ventures was among the returning investors for the round that will help Kallyope prepare a weight loss treatment for clinical trials.

Duke University, North Carolina State University and UNC-Chapel Hill grew their cumulative spinout tally year-on-year but are set for challenging times ahead.

Viva Biotech contributed to a round that will help Regenacy Pharmaceuticals push its diabetic peripheral neuropathy candidate into phase 2 trials.

Former NTUitive chief executive Jui Lim will lead the Singaporean government's deep tech-focused investment unit from this May.

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

The Ping An subsidiary is providing strategic assistance to portfolio companies during the Covid-19 pandemic, though managing director Lacey cautioned that startups with high burn rates are facing high risk.