Undisclosed

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

Rutgers University-New Brunswick has spun out Infinity Biologix with backing from Viking Global Investors to manage the distribution of a saliva-based coronavirus test.

Vanderbilt University was among the participants in a $75.9m round for Monzo that cut the mobile bank's valuation from more than $2.5bn to under $1.6bn.

The protein degradation-focused drug developer, a spinout from Dana-Farber Cancer Institute, received $150m in series B funding and $20m in venture debt.

Wandelbots, which came out of Technical University of Dresden research, secured the funding as it publicly launched its robotics training software tool.

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

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

Higher education investment fund University Ventures is to invest in its own startup.

Futurelearn, a platform free-to-access Massive Open Online Courses (MOOCs), has been launched by a consortium of UK-based universities, led by distance-learning provider The Open University (OU).

Invesco Perpetual, the fund manager, and Imperial Innovations, the London Stock Exchange-listed spin-off from Imperial College London, are joined by The Cancer Prevention and Research Institute of Texas and the Wellcome Trust supporting Cell Medica's growth.