Ahren Innovation Capital has been confirmed as an investor in a round that brought University of Bristol-linked machine intelligence technology developer Graphcore’s total to $310m.
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.
Microsoft, Bridgestone and Qualcomm all contributed to a series D round for MIT spinout ClearMotion, which emerged from stealth earlier last year with $130m in funding.
UCL spinout Promethera Biosciences has received $11.3m in series D funding from Itochu and $16.6m in a convertible debt round backed by Sosei.
Bristol-linked Graphcore has raised cash from Microsoft, Samsung, BMW i Ventures, Robert Bosch Venture Capital and Dell Technologies Capital at a valuation of $1.7bn.
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.