Medtech spin-out Saluda Medical receives $5m backing from the New South Wales Government.

Solar panel developer Sol Voltaics, a spin-out of Lund University, receives $6m from Swedish Energy Agency.

Harvard Innovation Lab-incubated television streaming service for students backed by strategic investors including CBC New Media Group and Home Box Office.

Lab management platform Quartzy, a startup born out of Columbia University and backed by Washington University, raises $6.6m.

Satellite manufacturer Sunspace accepts R55m ($5.4m) rescue deal which will see it absorbed by defence equipment firm Denel.

Thermedical, a medical equipment manufacturer, has received $5.5m in a series A2 led by tech adviser Karl H. Johannsmeier.

Venture capital firm Novak Biddle Venture Partners joined in the B round.