Game creation platform developer Roblox has filed for a $1bn offering that will come after $500m in funding from investors including Tencent.

GlaxoSmithKline's corporate venturing unit is now an independent firm with a $500m fund anchored by its former parent.

MPM Capital and Qiming Venture Partners USA have co-led a series A round for Umoja Biopharma, based on research at Purdue University and Seattle Children’s Research Institute.

The Salesforce-backed anti-fraud technology provider took its valuation past $1.3bn in a series E round that pushed its overall funding to $225m.

Zachary Ellis was the director of new ventures at Ohio State University for over three years but has left to join the institution’s long-time partner Rev1 Ventures.

Sean Mallon had left CIT in 2016 to become associate vice-president for entrepreneurship and innovation at George Mason University.

Cigna Ventures contributed to a placement for the Express Scripts and Walgreens Boots Alliance-backed turnkey pharmacy service.

The home design software provider hiked its valuation to $490m in a round featuring Travelers, State Farm Ventures, Nationwide, GV, Standard Industries and Guidewire.

Novo and AgFunder returned for a series B round disclosed as the leather substitute producer opens a new manufacturing facility.

The Kaiser Permanente Ventures-backed series B round will fund the expansion of Everytable's affordable food provision service.