Harvard-linked Sana brought in nearly four times as much in proceeds as originally planned and saw shares surge 40% on the first day of trading.

Fraunhofer Society has participated in a series B round for its solar wafer technology spinout, which also attracted Saudi Aramco.

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

Cambridge and CRUK spinout Inivata has more than doubled its series C round to $60m following a $35m extension backed by IP Group.

The Engine has co-led by $16m seed round for Cellino, which is working on a process to automate the generation of stem cells at scale.

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

PreSeed Ventures-backed Vivino runs a wine recommendation platform and has raised $155m in a series D round after adding 21 million users in three years.

Additive manufacturing Uniformity Labs has raised $38.4m to advance additive manufacturing technology developed at Princeton University.

Advancing technology originating at UC Berkeley, Databricks has increased its valuation more than fourfold to $28bn and will use the funding to further scale its business.

SR One reinvested in a series B round for the degenerative disorder drug developer that was led by venture fund Logos Capital.