The KCL immuno-oncology spinout’s second series A close included investment from UCL Technology Fund, Alsa Holding and Epidarex Capital.

Loyalty Prime has been backed by the VC affiliate of Technical University of Munich’s Unternehmertum as it builds the international profile of its loyalty scheme management software.

UCL spinout Engitix plans to develop therapeutics for liver fibrosis and certain cancers based on its targeted drug discovery platform.

Harvard’s Quralis has added funding from investors including Viva Biotech to take its seed total to $5.5m as it looks to advance treatments for amyotrophic lateral sclerosis to the clinic.

4490 Ventures has returned for the latest round for weather analytics service Understory, which has disclosed a total of $24.6m in funding to date.

OSI is among the investors in drone developer Animal Dynamics’ latest round, which will help it develop products based on aerodynamics from the animal kingdom.

Kebotix has emerged from Harvard University with backing from investors including Baidu to commercialise an automated approach to discovering new materials and molecules.

Acera Surgical, a spinout of Washington University in St Louis, has raised an initial $5.1m out of a targeted $10m.

Seventure Partners has injected $5.2m into the Sanger Institute spinout, which has now raised $15.2m from investors also including IP Group and Cambridge Innovation Capital.

University of Virginia Seed Fund returned to back industrial cybersecurity spinout Mission Secure in a round co-led by Chevron Technology Ventures and Energy Innovation Capital.