Amadeus Capital Partners has bought a stake in the University of Oxford spinout through a secondary transaction, valuing it at around $2.4bn.

The Johns Hopkins University spinout’s latest funding will go toward further developing its lead candidate, VTA-110, for muscular dystrophy treatments.

The Kyoto University spinout backed by the institution’s i-Cap fund has secured $25.5m in funding from returning investors.

CAS Investment Management, a subsidiary of Chinese Academy of Sciences, has backed medical devices developer Resproly’s series B round.

Additive manufacturing Uniformity Labs has raised $38.4m to advance additive manufacturing technology developed at Princeton University.

Congruent Ventures-backed Span has collected $20m in fresh financing from a consortium led by Munich Re Ventures’ HSB Fund.

Draper Esprit has led a $20m series A round for Riverlane, which also attracted University of Cambridge and Cambridge Innovation Capital.

The KU Leuven spinout has completed another tranche of funding for its series B round featuring investments from the university.

University of Washington spinout AltPep will use the money to advance work on its lead asset that targets Alzheimer’s disease.

Fidelity provided a $4.8m second tranche after a first close featuring vehicles for Kyushu University and Osaka University.