Global University Venturing

University of Bristol-linked Graphcore is reportedly seeking $200m at a $2bn-plus valuation, in a deal that would bring its total to $660m.

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

Stanford-StartX Fund-backed Onfleet has now raised $20m to date after securing series A funding to grow its last-mile delivery business.

OSI joined investors including Aioi Nissay Dowa Insurance to bring the University of Oxford enterprise machine learning spinout's overall funding to $24.4m.

Jinliu Wang, a former vice-chancellor for research and economic development at SUNY, will lead the consolidation of OSU's innovation programming.

CIC and Parkwalk have returned to back patient-focused genomic analysis developer Congenica, bringing its funding total to $85m.

Stellenbosch attracted $1.7m for spinouts and pre-spinout projects from March until September 2020, including multiple contributions from UTF.

Castor Ventures Fund took part in a round that will be used to strengthen Ayar's optical interconnector technology, which is based on MIT research.

Editor-in-chief James Mawson considers the long, risky and capital-intensive processes of scaling hardware companies.

CU Boulder-founded quantum technology developer ColdQuanta has attracted series A funding to follow a $16.8m seed round closed two years ago.

Sana Biotechnology has bought central nervous system therapy developer and portfolio company Oscine, which is founded on University of Rochester research.