CAS Investment Management, a subsidiary of Chinese Academy of Sciences, has backed medical devices developer Resproly’s series B round.

An undisclosed US university endowment has helped the consumer-focused venture firm hit a $118m final close for its second fund, surpassing its $100m target in the process.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

CAS Investment Management co-led the additive manufacturing services provider's series A round.

KII’s second iteration more than doubled in size from its predecessor, which closed five years ago and invested in 19 companies.

The institution’s $970,000 Kaishi Angel Fund will target undergraduate student entrepreneurs.

Fidelity provided a $4.8m second tranche after a first close featuring vehicles for Kyushu University and Osaka University.

The brain disease treatment developer was founded in 2019 on the back of more than a decade’s collaborative research from MIT and Harvard.

Utec has made its largest initial commitment to date by backing Keio-founded Metcela, a developer of cell therapies for heart disease.

Bar-Ilan University’s textile developer Sonovia has completed an $18.5m initial public offering on the Tel Aviv Stock Exchange.