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

Main Sequence Ventures-backed Amber has closed a $15.5m series B round led by Commonwealth Bank.

Based on research at University of Washington and Lawrence Livermore National Laboratory, Zap Energy is working on a nuclear fusion reactor.

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

CU Boulder’s solid-state battery provider pulled in funding through a series B round co-led by potential customers BMW and Ford.

Oxford University Innovation has revealed it launched 37 new companies between April 2020 and March 2021, its best run yet.

Geothermal energy technology developer Fervo has received $28m from investors including Congruent Ventures and Helmerich & Payne.

CSIRO-founded Main Sequence Ventures has pocketed $194m for its second fund, which has added decarbonisation to the firm’s list of targeted technologies.

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

Cuberg has developed more efficient battery cells that are used by clients such as Boeing, whose corporate venturing arm is a shareholder in the Stanford spinout.