The Global University Venturing Deal Net rounds up the week’s smaller deals and tracks the startups emerging from universities and raising funding.

The nautical shipping management platform raised $11m in a Microsoft-led series A round, adding to $3.5m in earlier funding.

TechNovum will run from June to October 2019, providing the UTS institute’s faculty with assistance in validating their biomedical propositions for the market.

Catering services marketplace Hungry has now raised $12.5m in total, having added university venture unit James Madison Innovations to its investment consortium.

The biopharmaceutical developer floated at the top of its range and will secure $65.9m from existing backer Merck & Co through a private placement.

Gene engineering tool provider Inscripta has grown its series C round to almost $106m, securing the extra capital from existing backers such as Mérieux Développement.

The radiography image analysis platform developer has completed a series B round that was led by new distribution partner Marubeni.

The identity verification software provider will invest up to $2m in each deal through its newly formed Okta Ventures fund, with Trusted Key its first portfolio company.

Citi Ventures has exited the mobile trading software provider in an acquisition by TradingView reportedly sized at less than $20m.

Unilever Ventures returned to participate in an L Catterton-led series B round that will fund the hair supplement developer's marketing and research and development activities.