Global University Venturing

Oxford Sciences Innovation has returned to back a $30m funding round for Genomics, having previously contributed to a 2018 series B round.

IP Group and V-Bio have backed a round that will support phase 2 trials for a treatment for diabetic macular edema.

The vehicle will invest in all winners of the Venture Kick competition and will provide follow-on funding in two subsequent rounds.

Carisma Therapeutics has increased its series B round to $59m thanks to an extension backed by IP Group, Penn Medicine and 4Bio Capital.

RTW Investments has a series C for the UT Southwestern and Gladstone Institutes spinout, which will progress its lead asset into the clinic.

Satt Paris-Saclay portfolio company EG 427 has collected $14m in its first funding round.

Judith Cone, the university’s vice-chancellor for innovation, entrepreneurship and economic development, has announced her intention to retire next month.

Jonathan Barada has joined IU Ventures as vice-president and his focus will include the firm’s Philanthropic Venture Fund.

Karolinska Development has promoted general counsel Johan Dighed to deputy chief executive.

IP Group has returned for a $11.3m round for University of Leeds’ smoke capturing technology provider.

The vehicle charging technology spinout of MIT has secured a further $18m for a Mitsubishi-backed round.