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

IIFL has returned to invest in the Tencent, BCC and Naspers-backed online learning platform, which is now valued at $18bn and potentially on its way to a $21bn valuation.

SoftBank Ventures Asia returned to once again back the online investment platform developer, which achieved unicorn status with its latest round.

Tencent and Prosus Ventures were among the investors leading the small business wholesaler's latest round, bringing its total funding to almost $120m.

China Communications Construction has backed the enterprise cybersecurity insurance provider’s $15.5m round, as did Nio Future Capital.

The vertical farming system developer has completed a $26m round that included KT&G and E1, with the cash to go to international expansion.

Sesame Ventures helped lazy eye treatment developer Luminopia raise $12m while UPS, Qualcomm and Mercado Libre exited courier marketplace Mandaê in a purchase by Nuvemshop.

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

The multicorporate-backed operator of a keyless lock app called Akerun will list on the TSE’s Mothers Market next month in an IPO set to value it at $204m.

The Fosun-backed ophthalmology equipment provider raised cash that will go to research, recruitment and commercialisation activities.