MIT spinout Infinite Cooling has raised $12.3m in a series A round led by Material Impact.

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

Maryland Momentum Fund and VTC Innovation Fund have both contributed to a series A round for Veralox Therapeutics, which is focusing on diseases with unmet needs.

UPMC Enterprises has contributed to a series B round for Sempre Health, which is building a platform to make drugs more affordable for patients.

Based on research at Ecole Normale Supérieure and CNRS, C12 is commercialising quantum processors.

Helsinki spinout Aiforia has raised an initial $15.4m in series B funding, bringing it halfway to the round’s target.

KAUST has returned for a $10m funding round for Red Sea Farms, having previously contributed to a $1.9m round two years ago.

Bridge Bank and Multiplier Capital have co-led a $14m funding round for Sharpen Technologies, whose shareholders already include the IU Philanthropic Venture Fund.

TusStar has participated in a series A round for smart robotics technology developer TimeRiver.

Hokkaido spinout AWL has collected fresh funding from a consortium led by Rakuten Capital.