Existing backer China Aerospace Science & Industry Corporation returned to reinvest a $19.7m round for the industrial software provider.

Invest NI is to continue its funding relationship wit Crescent Capital and Techstart Ventures, the latter of which has previously operated two $2m funds aimed at spinouts.

BASF Venture Capital formed part of a consortium co-led by Pontifax Agtech and Temasek that supplied $85m in funding for pesticide developer Provivi.

The Tyson Ventures and Neto Group-backed cellular meat startup will use the series A funding to launch its pilot manufacturing plant.

University of Michigan has generated 86 spinouts over the past five years after setting a new record of 22 during its most recent financial year.

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

Advanced materials and chemicals platform developer Citrine Informatics has now received about $44m in total, having secured Siemens Next47 as an investor.

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

The fund will provide capital for MIT-founded Gingko's own spinouts and has attracted LPs including Viking Global Investors, General Atlantic and Cascade Investment.

The $350m fund will provide capital for Gingko spinoffs and has attracted limited partners including Viking Global Investors, General Atlantic and Cascade Investment.