Artizan, a Yale University spinout focused on intestinal microbiota targets potentially responsible for inflammatory bowel disease, has been backed by investors including Brii Biosciences, bringing its total funding to $12m.

NREP, Obos and the AF Gruppen-backed Construct Venture took part in a round that will support the AI-based design and construction simulation platform's international expansion.

Cyient and SBI both took part in the round, which increased the connected railway-focused cybersecurity software producer's total funding to $17m.

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

Faurecia, SAIC, Kardan, Allied Group and Cyphertech all took part in the round, which increased connected car security platform GuardKnox's overall funding to $24m.

Teenager-focused digital banking app Step collected $22.5m in the Stripe-led series A round, which featured WndrCo and existing backer Sesame Ventures.

Stanford-StartX Fund joined others including Total Energy Ventures, Samsung Next and RATP Dev to back public transit management software publisher Swiftly.

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

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

CommerzVentures has returned to back Getsafe, a millennial-focused digital insurance app developer that also counts Rocket Internet as an investor.