Global University Venturing

CRUK and Cambridge precision cancer diagnostics spinout Inivata has secured $25m from NeoGenomics as part of a deal that includes an acquisition option.

NYU-founded cognitive skills building software developer Statespace secured investors including Khosla Ventures to bring its overall funding to $19m.

UAVC-backed antenna technology spinout FreeFall Aerospace has merged with one of its clients in order to focus its efforts on 5G communications.

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

Truework, which provides software to run employment and income background checks, secured the return of Sequoia Capital and Khosla Ventures to bring its total to $45m.

Novo has led a $60m series C round for University of Dundee’s Exscientia that also attracted Evotec, Bristol-Myers Squibb, and GT Healthcare Capital.

Stanford’s proteomic analysis spinout has lifted its funding haul beyond $100m with a round set to drive new hires and technology development.

Oxford Nanopore has added $59.6m to its latest funding round to bring the round to $98.1m and its overall funding to nearly $692m.

Nanoform has filed for a dual listing in Sweden and Finland, marking the first time that a University of Helsinki spinout is seeking an initial public offering.

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

Led by UCLA’s Sri Kosuri, Octant is working on drugs for complex diseases and will use the series A funding to further develop its platform.