Daily deal net: June 4, 2020

ViroVet, a Belgium-based livestock vaccine development spinout of KU Leuven, has raised more than €6m ($6.7m) of initial series B funding from investors including KU Leuven and its seed fund Gemma Frisius Fund. The deal was led by Seventure Partners with supporting contributions from Vives II, the university venture fund for Université catholique de Louvain, in addition to Flemish government-sponsored investment firm PMV and the latter’s venture fund Biotech Fund Flanders. Capricorn Partners and Agri Investment Fund filled out the round, proceeds of which will go toward product development. Founded in 2015, ViroVet has created a drug design technology intended to swiftly produce cost-effective vaccines for livestock animals. The approach originated from KU Leuven’s Rega Institute for Medical Research. ViroVet closed a €6.5m ($7.1m) series A round in October 2017 with a €1.5m ($1.8m) extension featuring Capricorn’s Sustainable Chemistry Fund. The first tranche was received in January 2017 from KU Leuven, Gemma Frisius Fund, Vives  Biotech Fund Flanders, Agri Investment Fund and Aratana Therapeutics, a drug development arm of animal health group Elanco Animal Health.
Overjet, a US-based dental imaging analysis software developer allied to Harvard University and Massachusetts Institute of Technology (MIT), has attracted $7.9m in a seed round featuring MIT Media Lab-affiliated venture unit E14 Fund that was led by VC firm Crosslink Capital. Founded in 2018, Overjet has built a software platform that leverages artificial intelligence to determine the severity of tooth decay from dental X-rays. Overjet featured in MIT Media Labs’ startup showcase in autumn 2019, but it was incubated by Harvard Innovation Lab, according to TechCrunch.
Flusso, a UK-based flow sensor technology spinout of University of Cambridge’s Department of Engineering, has secured $5.7m of series A capital from investors including Cambridge Enterprise, the institution’s tech transfer office. Fund management unit Parkwalk Advisors and Foresight Williams Technology EIS Fund, linked to engineering services provider Williams Advanced Engineering, co-led the round, which also included Martlet, the corporate venturing arm of aerospace, defence and property group Marshall of Cambridge, 24 Haymarket* and Cambridge Angels. Founded in 2016, Flusso markets flow sensors to monitor gas and liquid as it moves within machinery such as filtration units, heating and ventilation systems and respiratory medical devices. The sensors are billed as offering more functionality than existing flow monitors at a lower price point. Cambridge Enterprise supplied Flusso with $63,800 in June 2017 through its Fast 50 initiative. Flusso then secured an undisclosed sum from Cambridge-focused co-investment funds University of Cambridge Enterprise Fund V and VI, both managed by Parkwalk Advisors, which also participated through its Opportunities EIS Fund.
Good Monday, a Denmark-based workspace services marketplace and management software provider, has received $4m in a round featuring PreSeed Ventures, a venture firm owned by Technical University of Denmark. The round was led by seed fund Firstminute Capital and was filled out by early-stage venture firms Creandum and Seed Capital. Founded in 2018, Good Monday runs a marketplace where offices can access services such as cleaning and lunch catering while maintaining oversight of costs. Creandum’s fourth fund equipped Good Monday with an undisclosed sum in November 2018, adding to $490,000 from PreSeed Ventures in April 2018, according to Nordic 9.
* Disclaimer: 24 Haymarket is an investor in Mawsonia, the publisher of Global University Venturing