Based on research at MIT, Accion Systems has received corporate backing from Boeing to develop more nimble and efficient propulsion for spacecraft.

University of Maryland-founded artificial lung developer Breethe is targeting $5m for its latest round after previously raising approximately $7.8m.

Oxford spinout Covatic has now raised $2.1m in funding for a software platform that enables media broadcasters to tailor mobile content and marketing to the habits of specific users.

The newly-founded Oxford cardiovascular imaging spinout raised seed funding from backers including Oxford Sciences Innovation to pursue further product development.

The 2016 Purdue spinout has been backed by angel investor Archibald Cox and the Ustar Tap accelerator as it seeks US defence agency-adoption for its missile propellant.

Peptide-based drug developer Navigen has been backed by University of Utah-based student venturing fund UVF II in its first equity round.

KIT-founded valve actuator manufacturer Memetis has received capital from the university and HTGF to help expand development and production.

Five US-based biomedical projects at Wayne State University have received Mtrac funding to pursue goals including better immunotherapy and new antibiotics.

Advanced battery developer Aceleron, which operates from Birmingham and Brunel universities, has been backed by the Midlands Engine Investment Fund.

Linköping solar cell manufacturing spinout Epishine has received money from backers including LiU Holding arm after previously securing backing from Chalmers Ventures.