National Grid Partners contributed to data protection software provider Baffle's series B round while Axa and Zendesk exited sales enablement platform developer Seismic.

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

Matrix Capital Management led the immunology drug developer's series A round, which will support the journey of a type 1 diabetes drug candidate towards the clinic.

Novartis Venture Fund returned as GentiBio raised money that will support the progress of its type 1 diabetes drug candidate toward clinical trials.

Ventricular assistance system developer CH Biomedical closed a Baheal-backed series D round while peer-to-peer lending platform Alami secured $17.5m in a round led by EV Growth.

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

Siemens Next47 helped sales tool developer Aforza secure $22m while cosmetics brand Sparty raised $18m from investors including Akatsuki and Marui Group.

SoftBank Ventures Asia led ERP software provider Mabang's $46.3m series B round while Mainport Innovation Fund exited electrification technology developer ViriCiti.

Oxford and Imperial College-linked Xayn has attracted capital from KDDI and others.

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