Global University Venturing

The Engine has co-led by $16m seed round for Cellino, which is working on a process to automate the generation of stem cells at scale.

CAS Investment Management, a subsidiary of Chinese Academy of Sciences, has backed medical devices developer Resproly’s series B round.

PreSeed Ventures-backed Vivino runs a wine recommendation platform and has raised $155m in a series D round after adding 21 million users in three years.

Additive manufacturing Uniformity Labs has raised $38.4m to advance additive manufacturing technology developed at Princeton University.

Kindred Ventures has attracted university endowments for its second fund, building on the successes of its $56m debut vehicle launched just two years ago.

Advancing technology originating at UC Berkeley, Databricks has increased its valuation more than fourfold to $28bn and will use the funding to further scale its business.

Volpara Health has acquired CRA Health, a spinout of Havard Medical School’s teaching hospital Massachusetts General Hospital.

The firm announced its second fund the same day as one of its portfolio companies, University of Wyoming-backed Momentus, successfully listed on Nasdaq.

Harvard-linked Sana Biotechnology will raise as much as $397m if it floats at the upper end and underwriters take up the greenshoe option.

An undisclosed US university endowment has helped the consumer-focused venture firm hit a $118m final close for its second fund, surpassing its $100m target in the process.

SR One reinvested in a series B round for the degenerative disorder drug developer that was led by venture fund Logos Capital.