Sectors

Citi-founded shareholder communication portal creator Proxymity has raised an initial $20.5m sum to expand its software and target additional markets.

Intel Capital-backed GigaSpaces increased its funding total to $60m with a round set to drive growth of its transactional data orchestration platform.

The marketing agency has partnered its ISID subsidiary to form a new open innovation arm in Silicon Valley, appointing Dentsu Ventures’ Yu Hirayama to manage the initiative.

Workforce collaboration software business Tehama, a spinout of IT services firm Pythian, attracted investors including Omers Ventures for its first funding round.

Novo Holdings has joined the early-stage consortium of Praxis Precision, a gene therapy business co-founded by faculty from Columbia and Melbourne universities.

PPD has backed clinical trial preparation software developer Medable as an existing investor having also partnered the business to launch a telemedicine-based clinical trial product last year.

The blockchain software deployment service has raised $21.6m to follow a series A round last year that included contributions from Coinbase Ventures, Ideo Colab Ventures and Ripple's Xpring.

The food and nutrition business picked up backers including Fosun International and existing investor Qualcomm Ventures after earlier rounds in 2011 and 2014.

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

COO Jon Eide and partner Dusty Lieb have spoken to GCV about the balance between pursuing more attractive valuations while dealing with differing expectations from its healthtech portfolio.

The university has launched Food & Agriculture Science Transformer in a bid to uncover top-tier concepts based on food, agriculture and animal science.