IP Group sold a $5m stake to incoming shareholder Celltrion as part of a series A round for Iksuda, a spinout of Bath originally called Glythera.

IP Group sold a $5m stake to biopharmaceutical company Celltrion as part of a series A round for oncology therapy developer Iksuda.

The 58.com and Tencent-backed Zhuan Zhuan has pulled in series A funding for its business-to-business platform, which is valued at $140m.

Airbus-backed space mapping software provider LeoLabs closed a $65m round while Qualcomm took part in supply chain technology developer Locus's series C funding.

Alexandria Venture Investments has contributed to the debut round for newly launched protein therapeutics startup Stablix Therapeutics.

Less than a year old, the rapid grocery delivery service has secured $240m in a series A round co-led by Naspers-founded Prosus.

Stablix Therapeutics has launched with $63m in equity financing to commercialise research pioneered in Henry Colecraft’s laboratory at Columbia University.

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

Stanford has contributed to a $26m series A for Jeeves, which was announced concurrently with a $5m seed round and $100m in debt financing.

SoftBank contributed to a $65m round for fresh produce marketplace Frubana while KDDI invested in food ordering service Menu at a $228m valuation.