Enterprise data management platform Instaclustr has collected $15m in funding after raising $6.9m from investors including Australian National University’s ANU Connect Ventures.

Immunotherapy developer Biontech has received an undisclosed amount of equity funding as part of a collaboration deal that could reach $425m.

Anti-food waste platform developer Karma has secured Electrolux as a strategic partner as well as an investor in a Kinnevik-led round.

The food delivery platform has almost tripled its valuation to $4bn in the five months since SoftBank led its $535m series D round.

OSI has backed digital wellness technology company BioBeats, which was founded by University of Surrey faculty and counts multiple corporates among its shareholders.

IU spinout Care Revolution has been backed by the university's Philanthropic Venture Fund after previously raising funds in 2016.

Industrial cybersecurity software provider iS5 Communications has received $18.8m in a round backed by Phoenix Contact Innovation Ventures.

James Cook University has formed its first spinout, Paragen Bio, which will commercialise autoimmune disease therapies derived from a blood-sucking tropical parasite.

Roche and AstraZeneca-backed endocrine disease therapy developer Millendo will merge with publicly-listed OvaScience, raising a further $30m in the process.