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

Aleva Neurotherapeutics, a Switzerland-based developer of deep neurological implants founded on EPFL research, has received $8m from undisclosed investors in the inaugural close of its ongoing series E round. The spinout has secured European market approval for an electrode-powered deep brain stimulation device for indications such as Parkinson’s and essential tremour, and will now pursue post-market clinical studies as well as market entry in the US. The round increased Aleva’s overall total to at least $63m. Forrestal Capital led a $13m series D round backed by existing investors in late 2017, after an $18m series C by medical device supplier Greatbatch the previous year, according to media reports.
Edinburgh Molecular Imaging (EMI), a UK-based cancer radiotherapy agent developer spun out of University of Edinburgh, closed a £3.1m ($4m) round yesterday backed by undisclosed existing and new investors. The funding will help move  the spinout’s lead radiotherapy agents, EMT-100 and EMT-101, through clinical development. Epidarex Capital supplied £4m ($6.5m) of funding to EMI in 2014.
Nanoscent, an Israel-based olefactory sensors spinout of Technion – Israel Institute of Technology, has secured $2m in funding from diversified group Sumitomo’s Chemical subsidiary as part of a wider strategic collaboration. The spinout is working on a scent recognition platform that leverages machine learning and internet-of-things technologies to correlate its results with a chemical database and display the information via cloud-based software. Sumitomo will work with Nanoscent to explore whether the technology can pinpoint complex human physical changes, detecting specific scents from faecal matter. Other applications might include classifying volatile chemical compounds and detecting hazards in industrial plants and cities.
Queue, the Japan-based developer of spinout and academic research directory Sunryse, has obtained ¥70m ($640,000) in a round that featured University of Tokyo’s Entrepreneur Supporter’s Club Incubation Fund.  IT human resources firm Insource also participated alongside professional management company Management Solutions, M&A consulting firm Plutus Management and undisclosed angel investors. The startup is building a platform that will connect industry clients to academic researchers in order to create spinouts and end-applications aligned with their strategic ambitions. The company was founded by University of Tokyo software developers and computer science researchers.