Equinox, Exelon, Albemarle and Hanon Systems have helped establish a battery technology fund called Volta Energy Technologies which is supported by a research agreement with Argonne National Laboratory.

GV joined a batch of Lola's existing investors, increasing the personalised travel booking service's overall funding to more than $80m.

Chicago’s endowment participated in the series A, following a $1.1m seed round last year that included prize money from the Chicago-run New Venture Challenge.

Building on work at MIT’s Koch Institute of Integrative Cancer Research, Elicio hopes to begin patient studies in 2020 for pancreatic, colorectal, head and neck cancers.

Bridgepoint could take a majority stake in Kyriba in a deal that would allow HSBC, Mitsubishi UFJ Financial Group, Bred Banque Populaire, Mizuho Bank and American Express to exit.

The mattress provider, which is reportedly preparing to go public, has secured $100m in funding from investors including existing backer Target.

Riverwood has invested $50m in the Salesforce-backed cloud software testing platform, which has now raised approximately $144m in funding altogether.

The business digitisation software producer is reportedly valued at $1bn, having secured $60m in a round co-led by Salesforce Ventures and backed by Accenture and New York Life.

Siemens' Next47 fund and KCPL both participated in the $23.6m round, which the commercial cleaning robot provider will use to increase headcount.

The university has reportedly backed an oversubscribed $1.5bn buyout vehicle launched by Arcline aiming to take over eight-to-10 mid-market companies.