The Codexis-backed SynBio Innovation Accelerator will target early-stage biotech developers and has made Arzeda its first portfolio company.

Heat regulation material developer Carbice picked up capital from Toyota AI Ventures and Downing Ventures that will support recruitment.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

The mass spectrometry system provider has filed to go public having already raised $70m from investors incuding Saudi Aramco and Schlumberger.

The funding will allow the Simon Ventures-backed online clothing retailer backed to drive expansion and develop a more physical presence for shoppers.

The database software developer will be acquired by long-time investor Dassault Systèmes, providing an exit for fellow investor Temenos.

The round could make the Alphabet, Visa, American Express and Sumitomo Mitsui Card Company-backed payment technology provider the world's second most valuable VC-backed private company.

Raghupathy Sivakumar, a professor of electrical and engineering, has been selected to consolidate Georgia Tech's tech transfer strategy as chief commercialisation officer.

Cuna Mutual-backed neobank Current will expand its product offering using the series C funding, which it raised at a $750m valuation.

The $22.5m drug discovery fund is backed by University of Utah's Huntsman Cancer Institute and College of Pharmacy.