Mednoxa, a manufacturer of oxygenation-based wound and ulcer dressing spun out from Purdue University, has secured $30,000 in seed funding from Health Wildcatters.

The university venture fund, backed by UZH Foundation and Novartis Venture Fund, has made its first investment in a University of Zurich spinout, Cutiss.

Spun out from Xerox subsidiary Parc last month, Metawave has now raised $7m in a seed round backed by several venture capital firms.

The GV and Universal Music-backed fashion e-commerce platform has expanded its seed round to $5.5m and is one of Y Combinator's latest batch.

University of Massachusetts Medical School spinoff Apic Bio has raised seed capital from The Alpha-1 Project as it looks to develop a treatment for Alpha-1 Antitrypsin deficiency.

Robotic arm developer Tianjin YangTian Technology raised the money in a pre-series A round led by strategic investor Lenovo Capital and Incubator Group.