Congruent Ventures has returned for a $50m series B round that will allow Meati to complete a commercial production plant in time for a market launch next year.

The Industrial Biotechnology Innovation Centre will invest in research projects at Scottish universities to support the creation of more spinouts.

Motif FoodWorks, which traces its roots to MIT, has pocketed $226m in a round backed by returning investor Louis Dreyfus a month after Motif’s parent agreed to a reverse merger.

The accelerator will welcome agtech and foodtech developers for a 12-week programme, with Atlantic Bridge among those providing mentoring.

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

Tata Digital has hired CureFit’s chief executive as part of a $75m investment for the UC-RNT Fund-backed health and fitness app developer.

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

IP Group is exiting the diffractive waveguide producer in a cash-and-share purchase by Snap.

The Lund research-based oat milk brand has floated in a $1.43bn IPO on the Nasdaq Global Select Market after pricing shares at $17.

SoftBank has led the series E round, doubling MIT Media Labs spinout Formlabs’ valuation to $2bn in the process.