Victor Christou has stepped down from his position as chief executive of Cambridge Innovation Capital just weeks after helping the unit raise $196m in additional funding.

Scott Morley has been appointed as director of the [email protected] medtech accelerator, in addition to his duties as entrepreneur-in-residence at the university's Innovation Institute.

The Brad D Smith Incubator is a partnership between the university’s Brad D Smith Schools of Business and Robert C Byrd Institute, and will welcome tenants this summer.

Stanford University has participated in a $46m funding round for Gen.G together with venture capital firms and celebrity investors such as actor Will Smith.

Gyroscope Therapeutics, spun out of Cambridge and Syncona, has merged with Orbit Biomedical to form a fully-integrated retinal gene therapy developer.

The Engine has participated in a $21m series A round for its portfolio company Zapata Computing, a quantum technology spinout of Harvard University.

Aptiv and CAC Holdings joined corporate venturing units Trend Forward Capital and Motley Fool Ventures in a $26m round that almost doubled the MIT spinout's funding.

Cambridge Innovation Capital and Parkwalk Advisors have both returned to back a $32.6m series B round for Cytora, an insurance technology spinout of Cambridge.

Based on research at University of Notre Dame, Happe Spine is working on implants for interbody spinal fusion.

Chalmers Ventures has contributed to a $1.5m funding round for cleantech developer Metry.