Diamond-based identity tag developer Dust has received commitments from Airbus Ventures and Lockheed Martin Ventures in the Kleiner Perkins-led round.

The 100% organic coconut oil-based beauty and lifestyle brand received $20m in the L Catterton-led round, which featured Unilever Ventures and University Growth Fund.

Hanwha Systems led a series A round for the spinout of aerospace technology supplier Karem Aircraft, which is working with Uber to supply viable aerial vehicles.

Chernin Group-backed newsletter publisher Substack collected $15.3m in the Andreessen Horowitz led round, which featured Y Combinator.

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

University of Chicago immuno-oncology spinout Pyxis Oncology has been backed by corporate investment vehicle Leaps by Bayer in its first funding round.

Florida State University cornea repair drug developer Trefoil Therapeutics added funding from investors including subsidiaries of Aju Corporation and Access Biotechnology to bring its total to $33.2m.

Research Bridge’s new seed fund will back spinouts in the central US states in a move intended to plug the dearth of venture capital availability compared with clusters on the west and east coasts.

Sue Siegel, who featured on GCV's Powerlist five times from 2014 to this year, will depart from her roles as chief innovation officer of GE and chief executive of GE Ventures at the end of July.

Cisco and Telstra-backed mobile advertising company Near has secured $100m from Greater Pacific Capital to bring its total funding to $134m.