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CMR Surgical completes $240m series C operation

ABB-backed surgical robotics developer CMR raised the cash at a reported valuation in excess of $1.2bn and has now secured $386m in total.

Sep 17, 2019

SpringWorks leaps on to stock market

Pfizer spinoff Springworks, which also counts GlaxoSmithKline as an investor, secured $162m in an initial public offering that followed $228m of funding.

Sep 17, 2019

OncoCell celebrates $22.2m series B

Immonogenomics blood test developer OncoCell, a Harvard Medical School spinout, has increased its total funding to $30m.

Sep 17, 2019

Stroke Medical strikes up new funding

The Fosun-backed stroke-prevention technology developer received $14.1m in a round led by Hidea Venture Capital that will fund clinical testing for its devices.

Sep 16, 2019

Daily deal net: September 16, 2019

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

Sep 16, 2019

Vision Fund gets $377m in Guardant share sale

Vision Fund sold 4.9 million shares in cancer test developer Guardant Health at more than four times their price in the company's 2018 IPO.

Sep 16, 2019

Capsule captures $200m

TCV has led a $200m round for online pharmacy Capsule, increasing the Virgin-backed company's total funding to $270m.

Sep 16, 2019

Woodford braces for BenevolentAI valuation cut

Woodford Investment Management is reportedly poised for another beating as its portfolio company BenevolentAI seeks funding from Temasek at half of its previous $2bn valuation.

Sep 16, 2019

Max Planck applies to $66.4m fund

Max Planck Foundation joined the EIF and AWS as a limited partner in university-focused drug discovery fund Khan Technology Transfer Fund I.

Sep 16, 2019

Satsuma avoids IPO headache to go public

Shin Nippon's migraine treatment spinoff, Satsuma Pharmaceuticals, floated above its range to raise $82.5m in an offering that follows $86m of funding.

Sep 16, 2019
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