Inserm Transfert Initiative was among the investors in a $12.3m funding round for Aelis Farma, which is working on a new class of drugs for cognitive disorders.

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

The Illumina spinoff, which is developing cancer diagnostics technology, has secured half of an expected $250m according to a regulatory filing.

Existing investor Advanced MedTech Holdings contributed to a round that moved the portable dialysis machine developer's total funding past $60m.

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

VirTrial has acquired fellow telemedicine platform developer SnapMD, which had raised about $16m from investors including Shea Ventures.

Emory University's endowment fund was among the LPs that chipped in for the venture capital firm’s Continuum I fund, which has closed at $56.6m.

NYP and Sedgwick-backed healthcare allocation software producer LeanTaas has now raised more than $100m in just over two years.

Mitsubishi, Barco Healthcare and Relyens helped provide $45.6m in funding for surgical analysis technology developer Caresyntax, which has now secured more than $77m altogether.

A group of private investors led by drug development executive An LuFan have seeded a fund to drive healthcare research from South Australia's academic sector.