Sectors

Regulatory agencies DOJ and SEC have charged Manish Lachwani for allegedly inflating the Alphabet, Dell and Telstra-backed app testing software developer's revenue.

University of Michigan has further supported its spinout FlexDex Surgical with an investment in a series AA round through Mints and Michigan Biomedical Venture Fund.

Google, Exelon, Avista, Equinor and TotalEnergies all invested in a series C round for renewable transaction platform developer LevelTen.

Legend Capital took part in a $46.3m series B-plus round for enzyme product developer Yeasen Biotechnology two months after the latter closed its series B round.

The UCLA spinout was originally known as Cyan Robotics and has added $36m to its funding thanks to investors including Silicon Valley Bank.

Based on research at Institute for Cancer Research, Nuvectis Pharma is working on precision medicines for cancer.

The liquidity and crypto technology provider announced a corporate venturing vehicle to invest in companies complementary to its own products.

The restaurant chain and interior design services group’s Yossix Capital unit will support developers of technologies and services related to its offerings as well as nursing and daycare providers.

The newly formed Alconix Ventures has $27.3m to invest in advanced materials and manufacturing technology startups through its Alconix Global Innovation fund.

WPP has acquired UCL spinout Satalia for an undisclosed amount, almost 13 years after being founded.

Stanford University has backed a $16m series A round for Involve.ai that was led by Sapphire Ventures.