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Tuspark identifies 4Paradigm in $145m series C
4Paradigm has now won backing from Tsinghua University Science Park for its technology, which helps clients build AI apps for purposes including financial services.
Morphogen-IX clears path to series B round
Pulmonary arterial hypertension therapy business Morphogen-IX has been backed by Cambridge Enterprise and Cambridge Innovation Capital in a $23.3m round.
Wilkinson signs up to UMI3
Andrew Wilkinson will become CEO of Manchester's tech transfer office in the new year, building on his experience at the university generating 2D material spinouts.
Fraunhofer energises Mondas
Industrial analytics spinout Mondas is targeting energy applications and has already started testing at a local solar energy network.
Moderna loads up $604m in IPO
Investors including co-founder and Harvard professor Timothy Springer scored exits as mRNA therapy developer Moderna floated in the largest biotech IPO of all time.
Zest Tea brews $1m
The tea product supplier has become the fourth business backed by University of Maryland Momentum Fund.
UCL eyes $126m second fund
University College London hopes to generate as much as $126m for its second Technology Fund, with British Business Bank thought to be among potential limited partners.
Uniseed plants $485,000 in Wildlife Drones
ANU wildlife monitoring spinout Wildlife Drones previously turned to a Csiro-run accelerator to help get its drone-powered animal tracking system off the ground.
Robert Gordon primes accelerator
A total of 28 participants will receive up to $12,650 of capital to support business proposals in spaces including healthcare, fintech, fashion and retail.
Axelspace explores $23m series B round
UTokyo Innovation Platform has backed a $22.8m investment round for Axelspace that will fund the launch of the Tokyo spinout's latest satellite.

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