USAA has made an anchor commitment to the military graduate investment network’s first fund, which is targeting $50m for its final close.

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

Tencent, Credit Saison and JG Summit have all contributed to a $16m round for GrowSari while Greenvolt is set to acquire up to 29% of solar system installer Perfecta Energía.

Nutreco and Olympic Investments co-led a $49.8m round for the mycoprotein ingredient developer and University of Strathclyde spinout that included Axa.

The cancer therapy developer and Jackson Laboratory spinout floated at the upper end of its range and now has a $600m market cap.

Novo and Celgene will retain shares in the cancer therapy developer, which floated at the upper end of its range and which now has a $600m market cap.

The antibody-based drug developer, which counts WuXi AppTec, Fosun, Sinopharm and Humanwell as investors, has floated in a $126m offering.

Slack Fund and Citi Ventures have reinvested in the communications software developer through a round that lifted its overall funding to $175m.

Yahoo Japan and Alphabet-backed Fractyl aims to make one of its proposed products a cornerstone therapy for type 2 diabetes, and has now raised about $270m in total.

The application management platform developer boosted its overall funding to $86m in a round which included Emory University.