Global University Venturing

Having initially targeted $115m in proceeds, the genome sequencing spinout of Stanford has closed its offering at $140m after a full exercise of the overallotment option.

Booster, a fuel delivery service backed by Stanford-StartX Fund, has collected $56m in series C funding from investors including Enterprise Holdings and Total.

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

The combined value of Woodford's stakes in immunotherapy developer Immunocore has reportedly crashed to $57m from around $112m.

Industrial e-commerce platform Zhenkunhang raised a $160m corporate-backed series D round, which forms part of the emerging e-commerce space

The total size of investments from the Cambridge-allied patient capital fund rose from $45.8m in 2017-2018, following a $196m fundraising effort earlier this year.

Imec.xpand has co-led a $7m seed round for Pharrowtech, which is commercialising millimeter wave wireless technology based on research at Imec and Vrije Universiteit Brussel.

Stanford's Atreca floated in the middle of its range and will use the funding to advance its lead cancer immunotherapeutic canadidate through the clinic.

Lab10x will accelerate the commercialisation of digital therapeutics and data-driven drug discovery, and is being launched in partnership with Sensyne Health and Evotec.

Taiho Ventures has supplied a $10m extension for Caltech spinout Axial Biotherapeutics’ series B, bringing the total to $35m.

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