The Cambridge spinout previously raised a $2.5m series A round backed by the university and up to $3.4m in a 2014 funding round backed by Parkwalk Advisors.

Fraunhofer spinout Nexwafe will use the capital to commercialise its silicon wafers for solar cells.

Leeds University and IP Group take part in a $6.4m round for medical imaging company Quantum Imaging to support commercialisation efforts.

Three university-focused investors take part in Cambridge spinout Aqdot's $7m series A round, providing a boost for its chemical encapsulation technology.

Stanford University has helped the hotel property management system developer complete a series A round that will support Asian expansion.

Enterprise software supplier Kainos joined Queen's University Belfast's TTO for medical diagnostics company Cirdan's latest round.

Carnegie Mellon spinout Wellspring raises $6m to support its emerging technology platform that has been showcased at Global Corporate Venturing's 2016 summit.

The DNA sequencing technology developer raises $9.25m from Utah University's Arup Laboratories and others to further develop its product and increase sales and marketing.

Texas spinout Microtransponder raises $5.5m as it successfully completes a trial for a treatment for stroke patients.