Encoded Therapeutics, which was incubated in Illumina’s accelerator, has captured $104m in a series C round backed by the corporate’s strategic investment unit, Illumina Ventures.

Robotic security guard provider Cobalt Robotics has added a Coatue Management-led series B round to the Bloomberg Beta-backed series A it closed last year.

JLL's investment and innovation arm took part in a $31.4m round that took electric motor developer Software Motor Company’s total funding to $48m.

Morphic began trading on the Nasdaq Global Market yesterday after issuing 6 million shares priced at $15 each, providing exits to AbbVie, GSK, Novo, Pfizer, Schrödinger and ShangPharma.

Just over a year after securing an initial $50m tranche backed by Eni, MIT’s Commonwealth Fusion Systems has closed its series A round with $115m in capital.

The biomarkers imaging kit maker will use proceeds from the Applied Materials-backed series C round to fund international expansion plans.

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

Bus ride sharing platform Bus.com has raised capital from existing investor BMW i Ventures in the round, which was led by Autotech Ventures and Cycle Capital Management.

GV returned for consumer goods stock exchange StockX’s $110m series C round, which valued the company at more than $1bn and brought its total funding to $150m.

Financial data analytics platform MX has now amassed $175m altogether, having secured additional funding from investors including Digital Garage, National Bank of Canada and Washington Federal.