Baidu Ventures has helped close a $31m series A round for Harvard-founded Sherlock Biosciences just over a month after the spinout launched with an initial $17.5m tranche.

Corteva Agriscience, ADM, Elanco, Ecolab, Griffith Foods, RD Offutt, Growmark, Koch Ag & Energy, Smithfield Foods and Sumitomo Chemical America all backed the VC firm's latest fund.

Nocion Therapeutics has raised $27m in a Partners Innovation Fund-backed series A round to develop drugs for pain and inflammation.

Shin Nippon Biomedical Laboratories was among the investors in its spinoff, which is working on treatments for acute migraine.

GV, ServiceNow Ventures and IVP co-led the series B round, which valued the AI-based software testing and deployment platform at $500m.

UAVC has put capital into newly launched UA spinout EARDG Photonics, which integrates technology licensed from another spinout, TIPD, by the same co-founders.

Slack Fund has taken part in a $15.5m series B round that increased the AI-based enterprise software developer's total funding to $27m.

Based on Harvard and Boston Children’s Hospital research, Nocion Therapeutics has raised $27m to develop drugs for pain and inflammation.

Osage University Partners has participated in a $62m series B round for Satsuma Pharmaceuticals, which also featured Shin Nippon Biomedical Laboratories.

Derek Norman has left Syngenta Ventures and joined Bayer Growth Ventures as vice-president, while Colin Steen has replaced him as head of the unit.