Global University Venturing

Ocado will provide $13.8m in a series B extension that follows a $47m close in January.

UTEC has returned to co-lead a $14m funding round for ImmunoScape, which will use the money to bolster its presence in Singapore and the US.

Originally known as Cambridge Crops, the MIT and Tufts-linked company has added $16m to its coffers.

IU Ventures has returned for a series B round for Encamp, having previously taken part in a series A round year.

Taiho has reupped its commitment to the second fund of Remiges, which focuses on spinouts of Japanese universities.

Consumer electronics producer Xiaomi intends to launch a new innovation research fund based at Tsinghua University.

The Stanford-linked artificial intelligence technology developer doubled its valuation to $5.1bn in a round led by SoftBank Vision Fund 2.

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

UGA spinout Aruna Bio is working on a treatment for neurodegenerative diseases such as Parkinson’s and multiple sclerosis.

ECBF has supplied an extension to Aphea.Bio’s series B round, which already included Gemma Frisius Fund, Qbic, Vives and V-Bio Ventures.

Vizgen co-founder David Walt, a professor at Harvard Medical School, has invested in the spinout as part of its series B round.