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

Ventura Capital has led the round for the Imperial College London-founded rapid covid-19 test kit maker, which will use the funding to expand internationally.

The Ethereum scaling technology developer raised two rounds this year, having spun out of Princeton in 2018.

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

Harvard and MIT-linked Neural Galaxy has picked up $77m in a series A round led by existing shareholder 3E Bioventures.

E14 Fund has contributed to a series A for Overjet, having previously backed the company’s seed round.

University of Michigan has further supported its spinout FlexDex Surgical with an investment in a series AA round through Mints and Michigan Biomedical Venture Fund.

The UCLA spinout was originally known as Cyan Robotics and has added $36m to its funding thanks to investors including Silicon Valley Bank.

Based on research at Institute for Cancer Research, Nuvectis Pharma is working on precision medicines for cancer.

Stanford University has backed a $16m series A round for Involve.ai that was led by Sapphire Ventures.