Just over a year after securing an initial $50m tranche backed by Eni, MIT’s Commonwealth Fusion Systems has closed its series A round with $115m in capital.

Frontier Medicines, based on UC Berkeley research, has launched with $67m in series A funding co-led by Deerfield Management, MPM Capital and Droia Oncology Ventures.

AI chip developer NeuroBlade increased its overall funding to $27.5m with the Intel Capital-backed series A round.

Concordia University-allied deep learning tool developer Wrnch has secured strategic investment from Nikon.

Backed by Congruent Ventures and corporates National Grid Partners, Evergy and Avista, Omnidian offers protection and maintenance for residential solar panels.

National Grid Partners, Evergy Ventures and Avista Development all contributed to a series A round for the solar power monitoring service.

Female executive-focused private network operator Chief, which is backed by Verizon's BBG Ventures unit, has increased its overall funding to $25m with the series A round.

Atrium Health, Cleveland Clinic and MemorialCare Health System expanded the round, which already featured McKesson Ventures, Novartis, Philips, ResMed and Providence Ventures, by $3m.

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

AI-equipped camera technology provider AnyVision added $31m to close the Robert Bosch, M12 and Qualcomm Ventures-backed round.