Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
University of Minnesota has invested in UBC spinout AbCellera's series B round that also included Eli Lilly.
Existing investor Novartis has committed to a $10m private placement alongside the IPO, in which the fibrosis therapy developer, based on UCSF research, is set to raise up to $96m.
Apple has bought Inductiv to integrate the latter's machine learning data cleanup expertise, based on Stanford, Wisconsin-Madison and Waterloo faculty innovations.
University of Michigan has become the latest academic institution to strike a $130m fund partnership with Deerfield Management.
UPMC's ID Connect has absorbed Merck & Co's Ilúm Health Solutions to boost its client base and services offering.
NYU-founded cognitive skills building software developer Statespace secured investors including Khosla Ventures to bring its overall funding to $19m.
UAVC-backed antenna technology spinout FreeFall Aerospace has merged with one of its clients in order to focus its efforts on 5G communications.