Coinbase, Ripple and Ideo took part in the $12.1m series A round, which will go towards the launch of Near's decentralised application development platform.

The US-based venture capital firm has hired GV’s former partner and entrepreneur-in-residence, Anish Acharya, to oversee fintech investments.

Robert Bosch Venture Capital has supplied a $5m extension to bring the round, already backed by Dell, BMW and General Electric, to a $55m second close.

Visa has contributed to a $40m series B round for Anchorage, which is working on cryptocurrency protection technology that does not require a password.

Intel Capital has led a consortium that also featured UL Ventures to inject $20m into Kyndi.

The AI-powered drug discovery platform received commitments from Echo Health Ventures, Amgen Ventures, Alexandria Venture Investments and Celgene in the Cigna-led round.

Mesmer has emerged out of stealth with a $15m series A round led by Intel Capital to launch an AI platform that automatically detects bugs in software.

A host of individuals connected with the e-commerce industry have supplied capital, enabling Stanford-linked company Bolt to target its next phase of expansion.

Purdue’s commercialisation unit witnessed the equivalent of almost one invention per day during the 2018-2019 fiscal year, spawning 48 new business of which 17 were based on the university’s research.

VTC Innovation Fund contributed to a series B round for weather forecasting satellite constellation developer PlanetIQ, with the cash set to help it launch 20 microsatellites by 2021.