Business management software producer has added $10.7m to the Hearst-backed series A round it closed last year and will spend it on product development, sales and marketing.

SnapGene, a molecular biology documentation spinout of UChicago, has been acquired by scientific data analysis tool provider GraphPad Software.

Indiana University's IURTC has become IU Ventures with a purview dedicated to administering the Philanthropic Venture Fund, angel network and entrepreneurial support services.

SoftBank-backed workspace provider We Company has filed for an initial public offering in which it reportedly expects to raise up to $4bn.

Osage University Partners is among the series B investors backing Virginia Tech-linked IBD therapy disease developer Landos Biopharma, which is preparing phase 2 trials.

Novartis and Eli Lilly are exiting the neurological disease therapy developer in an acquisition that will involve $52.5m upfront and up to $250m in milestone payments.

Limited partners in the $97.2m fund include corporates Ardex, Autodesk, Cemex, Ferguson, FMI, Glodon, Haskell, Hilti, Obayashi, Sidewalk Labs and United Rentals.

Virtual scheduling assistant developer Clara has been acquired by recruitment services provider TopFunnel two years after raising $7m from investors including Slack Fund.

Asahi Kasei Ventures was among the investors in a round that boosted the food-freshness technology developer's funding to nearly $18m altogether.

Kanematsu-backed microsatellite launch company Vector has halted operations indefinitely after a major change in financing, less than a year after lining up $70m in series B capital.