The US-based wireless infrastructure technology developer and University of Texas spinout has also named board member Cole Brodman as its new chief executive.

The Research Institute of Tsinghua University in supported the virtual reality technology startup's series A round, which also included corporates.

The amount marks the first close of a larger round for the Tokyo University-backed online advertising platform, though the target size has not yet been revealed.

NextView Ventures and FirstMark Capital have co-led a seed round for autonomous driving technology developer Optimus Ride, a spinout out of MIT.

Eccrine Systems is developing advanced, wearable, sweat sensing systems based on research and intellectual property that originated from Cincinnati University and the Air Force Research Labs at Wright Patterson Air Force Base.

The Cambridge spinout has secured cash from the Cambridge Enterprise Seed Fund, Cambridge Innovation Capital, Parkwalk Advisors and others.

The spinout of New Mexico Institute of Mining and Technology has raised its first funding round led by Paladin Capital Group.

Data analytics platform SigOpt has added Stanford University to its list of shareholders as part of a $6.6m series A round led by Andreessen Horowitz.