Global University Venturing

E14 Fund is an existing backer of Elroy Air, although it did not return for the $40m series A round.

UPMC Enterprises has participated in a $20m series A round for healthcare data management company Smile CDR.

Evonik has bought one of its existing portfolio companies, Friedrich Schiller University Jena spinout JeNaCell, for an undisclosed sum.

Imec.xpand has returned for a $16m series B round that will allow Spectricity to accelerate the development of its sensors and imagers.

University of Oxford’s genetic therapeutics spinout has secured the crossover funding eight months after a series A round also backed by OSI.

Main Sequence Ventures has contributed to a $53.3m series B-plus for V2Food, having already backed the initial $55m series B round last October.

Osage University Partners has backed the immunotherapy developer in a series B round, which took its overall funding to over $335m.

UC Berkeley’s robotics software developer Covariant hiked its overall funding to $147m in a round led by returning investor Index Ventures.

MIT spinout Iterative Scopes has now raised $43.5m altogether from investors including Eli Lilly and Johnson & Johnson.

4490 Ventures-backed Rentable has received $22.5m in its series B round.