The surgical technology developer was valued at $3bn in a series C round backed by returning investor Cambridge Innovation Capital.

TUM spinout Celonis has grown to Germany’s first decacorn, three years after becoming the university’s first unicorn.

Undisclosed investors have supplied series D funding for the Tsinghua-backed bookkeeping and taxation software developer.

American Electric Power, Chevron and Equinor all participated in a round that increased the Stanford company’s total funding to $228m.

Less than two months after closing a $100m series C round, the Dundee spinout has raised $225m in a series D led by SoftBank Vision Fund 2.

General Motors led a series D round for the lithium-metal battery technology spinout of MIT formerly known as SolidEnergy Systems.

Lumicks, which is developing single-molecule analysis technology based on research at Vrije Universiteit Amsterdam, has collected $93m.

The Stanford-linked artificial intelligence technology developer doubled its valuation to $5.1bn in a round led by SoftBank Vision Fund 2.

D1 Capital Partners has led a $102m series D round for Inflammatix, whose existing shareholders include Stanford-StartX Fund.

Exploiting UChicago research, Reflexion is eyeing an expansion in Asia after receiving $40m in additional series D funding to bring the round to $150m.