Europe

The Dutch multi-university venture fund had targeted $70m for its latest fund but ended up attracting $82.5m from investors including Protix and Corbion.

Novo Ventures and Sanofi Ventures co-led a series C round for the cancer therapy developer, which builds on work at Amsterdam UMC.

Ghent University-founded rapid diagnostic test developer Antelope DX picked up Whitefund and existing investors to bring its funding total to $16.6m.

Queen Mary University of London has formed a venture capital fund to invest in social enterprises formed by students and graduates from diverse communities.

University hospital Charité’s sinus surgery spinout Fiagon Medical has been acquired for more than $70m, with Cascara Ventures and Donghai Securities also scoring exits.

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

The world’s number one incubator has been making a big impact since 2002, having supported more than 4,000 entrepreneurs that have raised more than $2.2bn between them.

Cellular Agriculture was spun out of University of Bath in 2016 as the UK’s first startup in the cultured meat space, but its ambitions go far beyond a lab-grown burger.

Goldwind, Legal & General and Equinor have all taken part in a series D that achieved a $41m first close and boosted the Oxford spinout’s total equity and debt to more than $118m.

ICL vascular implant spinout Veryan Medical has been bought by medical device firm Otsuka after raising $56m from investors including IP Group.