Scor Life and Health Ventures will invest in the life insurance sector and has made its first deal by committing capital to health and wellness company iBeat.

Reculta was founded by a former recruitment secretary at IIMA to help universities and companies streamline the process behind making offers.

Autonomous logistics technology developer Boxbot, which has now raised $9m altogether, was co-founded by graduates from UC Berkeley and Massachusetts Institute of Technology.

MiAlgae was formed by a University of Edinburgh alumnus to commercialise microalgae-based animal feed supplements sourced from treated wastewater.

Leeds has backed its new subsidence measuring spinout Satsense in a round which also featured corporate Unipart Rail and government-backed Northern Power Investment Fund.

Capital One Growth Ventures is among the investors to have provided $14.6m in seed and series A funding for the data management platform.

Fred Hutchinson Cancer Research Center is the third institution to gain an academic bridge program in collaboration with Evotec, with the latest instalment dubbed Lab591.