Stanford-StartX Fund-backed TwoXar has added $10m in funding to its coffers thanks to SoftBank Ventures, Andreessen Horowitz and OS Fund.

The spinout, which has developed a portable real-time DNA and RNA sequencer, has attracted $140m in funding from investors including GIC, China Construction Bank and Hostplus.

Julia Hawkins, formerly head of strategy and investments for Universal Music UK, has joined venture firm LocalGlobe as a partner.

Celgene and WuXi Healthcare Ventures returned for the immuno-oncology drug developer's series B round, which included GV and Roche Venture Fund.

Prexton Therapeutics, a Parkinson's disease-focused spinoff of Merck Group that had raised $41m in funding, has agreed to an acquisition that could reach more than $1.1bn in size.

Medical University of Vienna-founded radiology image search engine creator Contextflow has been backed by investors including spinout-focused venture fund IST Cube.

Purdue spinout On Target Laboratories has closed a series B round at $44m after an $11.1m extension featuring Helsinn.

Genesis Innovation Group's Cultivate(MD) vehicle has raised $7.2m of a targeted $10m fund that will invest in early-stage healthcare technology developers.

UC Berkeley spinout IntegenX has been picked up for an undisclosed sum, also providing exits to Samsung and In-Q-Tel.