Existing investor Hikma Ventures returned for a series B round that came amidst increased demand for Lemonaid's remote healthcare services.

Mercantile Bank, BoABank of America and Spectrum Health have all backed the diversity-focused fund, which is targeting a $25m final close.

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

JLL Spark returned to back a $15.9m round for the construction imaging technology developer, taking its overall funding to more than $33m.

Hyundai has hired Henry Chung, previously of LG Electronics, to lead its Cradle Silicon Valley vehicle as senior vice-president.

Cisco Investments participated a series A round for the cyber defence training provider that was led by Energy Impact Partners.

ServiceNow has hired Philip Kirk as vice-president of corporate development following a lengthy stint in the same position at Cisco.

The smart home device developer has closed an American Family Ventures-backed round that lifted its overall funding to at least $35m.

Axa Investment Managers was among the participants in a $13.9m round for Alydia, which is developing a system to treat postpartum haemorrhage.

You and Mr Jones returned in a series B round for AI Foundation, developer of a detection system for manipulated online content.