Johnson & Johnson, Alexandria Venture Investments and Serum Institute of India contributed to a series A for Albert Einstein College of Medicine spinout X-Vax.

A host of individuals connected with the e-commerce industry have supplied capital, enabling Stanford-linked company Bolt to target its next phase of expansion.

Building on UC Berkeley research, cybersecurity software company Menlo Security has now raised approximately $150m altogether.

University of Oxford's solar cell technology developer Oxford PV has closed a series D round featuring Meyer Burger, Equinor and Legal & General at $81.8m.

University of the Balearic Islands spinout Sanifit has raised $62.8m in a series D round backed by existing backer Lundbeckfonden Ventures to bring its overall financing to $149m.

Frontier Medicines, based on UC Berkeley research, has launched with $67m in series A funding co-led by Deerfield Management, MPM Capital and Droia Oncology Ventures.

Booster, a fuel delivery service backed by Stanford-StartX Fund, has collected $56m in series C funding from investors including Enterprise Holdings and Total.

UC Berkeley's custom semiconductor spinout has now raised $125m, after Qualcomm Ventures joined existing investors such as Osage University Partners for a $65.4m series D round.

The anti-fraud technology provider, co-founded by CAE faculty, has received $50.7m in a round led by VMS Investment Group that was also backed by existing investor Legend Capital.

With the growing focus on food sustainability, University of California (UC) Santa Barbara-founded food preservative developer Apeel Science is a particularly apt selection for the Technology of the Year award.