Csiro Innovation Fund joined Westpac-backed Reinventure to co-lead cybersecurity platform creator Kasada’s latest round, which will help fund recruitment and international expansion.

Promethera Biosciences has increased its series D round to $44.4m with a $33.1m Mitsui and Medipal-backed extension, adding to Itochu’s initial investment earlier this year.

University of Zurich spinout Vay Sports has launched having raised an undisclosed amount from investors including Swisscom and WelcomeAI.

A consortium involving public-private partnership HTGF has supplied funding to University of Bremen spinout Mirdetect to help a molecular diagnostics blood draw for testicular cancer.

University of Twente-founded cartilage repair injection developer Hy2Care is currently targeting orthopaedic knee applications in veterinary and human healthcare settings.

The university faces accusations it used Stanford-StartX Fund to illegally pursue a profit-led investment strategy while using its own funds and personnel to protect the applicability of its tax exemptions as a nonprofit institution.

Equity asset management and services provider Carta has secured funding in a Goldman Sachs-backed round, at a $1.7bn valuation.

Inspection robot manufacturer Invert Robotics was founded out of University of Canterbury in 2011 and has now secured corporate Yamaha Motor as an investor in its latest round.

The Cisco-backed cybersecurity management platform developer has now raised a total of about $190m, closing a Sapphire Ventures and Lightspeed Venture Partners-led round.

FreightHub increased its overall funding to more than $53m with a series B round co-led by Maersk Growth that will fund the online freight platform's expansion in Asia.