The Harvard spinout has raised a second funding round that included existing shareholder Cedars-Sinai, boosting its total equity funding to $40m.

GV led the genome sequencing spinout's series B round, which followed a $5.5m series A in late 2014.

University College London cancer treatment spinout Autolus licences additional technology from the university as it raises $57m in its series B round.

Biotechnology spinout Aprea has secured the largest funding round of any Karolinska Development portfolio company to date.

Power conversion technology developer Arctic Sand Technologies has closed a $19m series B round led by Murata and backed by GE Ventures.

Verizon led a round for the connected vehicle technology developer that also included Cisco, Orange and Yamaha Motor Company.

Carnegie Mellon spinout Wellspring raises $6m to support its emerging technology platform that has been showcased at Global Corporate Venturing's 2016 summit.

Columbia University spinout Quartzy raises $17m in its series B round to recruit more staff and improve its lab management platform.

The Michigan Investment in New Technology Startups fund and Osage University Partners both return to invest in Psikick to support batteryless devices.