University of Melbourne and Lockheed Martin have contributed to an additional $94.8m tranche for the Csiro Innovation Fund, bringing its total to $167m.

Small satellite propulsion technology developer Exotrail has been backed by Satt Paris-Saclay as it prepares for a 2019-2020 market launch.

The research institute has achieved a $135m close for its Imec.xpand fund, breaking through its target of $116m just over a year after launching fundraising efforts.

Allied Minds has backed a series B round for its portfolio company BridgeSat, which also welcomed Boeing HorizonX Ventures as an investor.

Sentea has been spun out with $1.9m in seed funding to commercialise fibre optic sensor technologies that monitor engineering structures for wear and damage.

Logistics data analytics platform Locix has emerged from stealth with $20m in funding provided by investors including University of Tokyo Edge Capital.

Eight researchers from Cambridge have raised a $129m patient capital fund that has attracted limited partners including Aviva.

Food chain monitoring technology developer TeleSense has secured University of California-backed Congruent Ventures as an investor.