Series D

AutoGrid, the distributed energy management platform backed by Stanford, will use the capital from the Eon, CLP, Innogy, Total, Ørsted and Tenaska-backed round to boost hiring.

Existing backers AstraZeneca and Johnson & Johnson returned for a round that will advance PhaseBio's orphan disease drug pipeline, based on research from Duke University.

MIT spinout Formlabs has achieved unicorn status after obtaining $15m from New Enterprise Associates.

ETH Zurich and University of Zurich spinout InSphero has now raised $35m and will commercialise its organ-on-a-chip technology.

UC Investment Office, an existing Constellation backer, has returned to contribute to a $100m round that took its total equity funding to $229m.

UC-RNT has put up $16m for the Flipkart-backed rental services provider's latest round, taking its funding past the $90m mark.

UNC Chapel Hill spinout Liquidia has secured an initial $25.5m and is aiming for a $53.3m close.