Frontier IP will take a 31.8% shareholding in NTPE, an electronics printing technology spinout from Universidade Nova de Lisboa.

UC Berkeley advanced materials spinout Nelumbo recently raised $5.5m in series A funding and will now partner Danfoss to develop a heat exchanger based on its materials.

UMC Utrecht spinout Gadeta has partnered cancer drug developer Kite to drive development of its T-cell therapy, allowing Kite to purchase equity from Gadeta's existing shareholders.

B&C has acquired a 9% stake in TTTech for an undisclosed sum, guaranteeing that the TU Wien spinout will continue to be majority-owned by Austrian shareholders.

VW will invest $100m in QuantumScape and form a joint venture with the Stanford spinout to develop batteries for long-range electric vehicles.

Cambridge Material Testing Solutions has been established to develop software and equipment that let industrial clients assess the condition of their metal assets.

Fresenius Medical Care will purchase a 19% stake in Humacyte, which closed a $75m series C round in March 2018.

Beam has emerged out of Harvard University with $87m in series A funding to commercialise gene editing technology, with additional research licensed from Broad Institute and Editas Medicine.

The online education services provider has raised an undisclosed amount of funding at a $1.1bn valuation, adding Mooc-CN to its shareholders.