Regulatory agencies DOJ and SEC have charged Manish Lachwani for allegedly inflating the Alphabet, Dell and Telstra-backed app testing software developer's revenue.

MIT’s energy storage technology producer had secured an initial $200m tranche last month, with existing backer The Engine contributing to the round.

University of Michigan has further supported its spinout FlexDex Surgical with an investment in a series AA round through Mints and Michigan Biomedical Venture Fund.

Google, Exelon, Avista, Equinor and TotalEnergies all invested in a series C round for renewable transaction platform developer LevelTen.

The UCLA spinout was originally known as Cyan Robotics and has added $36m to its funding thanks to investors including Silicon Valley Bank.

Based on research at Institute for Cancer Research, Nuvectis Pharma is working on precision medicines for cancer.

Stanford University has backed a $16m series A round for Involve.ai that was led by Sapphire Ventures.

Ferrovial and Mitsui Fudosan helped mobility platform developer Maas Global hike its latest round to nearly $46m while automotive technology developer Visic Technologies raised $35m.

ArcelorMittal’s XCarb vehicle led the energy storage technology producer's latest round, which has been upsized from $200m and which includes Eni Next.

The $3bn merger of meditation app developer Headspace and digital mental health services provider Ginger would present a new path for a plethora of corporate investors.