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

The cancer drug developer emerged from stealth with $194m in funding, $85m of which was just closed in a round featuring returning investor Roche Venture Fund.

Carnegie Mellon University's language teaching app Duolingo has received series F funding from existing backer CapitalG and is now valued at $1.5bn.

Gene therapy developer Limelight Bio grew from research at University of Pennsylvania and has landed $75m in its first publicly-disclosed round.

MUFG Innovation Partners contributed to a round that boosted the valuation of the blockchain-based lending platform to $1.2bn.

The cancer drug developer emerged from stealth with $194m in funding, $85m of which was just closed in a round featuring returning investor Roche Venture Fund.

Fung Capital-backed cross-border services business Flow won the backing of American Express Ventures in a round that will fund platform development and hiring.

Language teaching app Duolingo has received series F funding from existing backer CapitalG and is now valued at $1.5bn.

Private equity firm LLR Partners has invested in the Actua and Independence Health-backed customer engagement software provider, taking its total funding to $58m.

The electric powertrain manufacturer has secured $41m in equity, debt and working capital in a round led by corporate venturing unit BP Ventures.