Automotive e-commerce platform Carsome has reached a $1.3bn valuation through the close of a series D2 round backed by Catcha Group, MediaTek, MUFG Innovation Partners and Daiwa PI Partners.

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

The smart equipment manufacturer looks to integrate AI into its products following cash supplied by Ping An and Tianma Microelectronics.

The deal is set to create one of the largest payment processing companies in the world, handling $147bn annually.

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

Customer engagement management technology provider Plaid has become the major shareholder of a portfolio company that runs a similar service.

Bilibili, CATL and Intel were among the investors that have backed the smart EV developer’s pre-series A round, valuing the Geely spinoff at $9bn.

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

Harvard and MIT-linked Neural Galaxy has picked up $77m in a series A round led by existing shareholder 3E Bioventures.

Alibaba, Qualcomm, SoftBank, Suning and Dalian Wanda are among the investors that could exit the AI-equipped machine vision technology developer, most recently valued at $12bn.