Taiho has reupped its commitment to the second fund of Remiges, which focuses on spinouts of Japanese universities.

Consumer electronics producer Xiaomi intends to launch a new innovation research fund based at Tsinghua University.

Asahi Kasei Ventures took part in a $70m round for food waste technology provider Hazel Technologies while Zoll Medical Corporation bought portfolio company Respicardia.

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

Emtek and Microsoft co-led the digital marketplace’s latest round with GIC, investing alongside Standard Chartered’s SC Ventures unit and Naver.

Consumer electronics producer Xiaomi has announced it intends to launch a new innovation research fund based at Tsinghua University.

SafeGuard Cyber has raised $45m in a Cisco-backed debt and equity round while Pine Labs has paid the same amount to buy portfolio company Fave.

The on-demand ride provider, backed by more than a dozen corporates, has secured a $39.6bn initial pro-forma equity valuation in the deal.

The Tencent and Lenovo-backed online grocery retailer could reportedly raise up to $1bn through a US initial public offering.

The infectious disease drug developer has applied to float in Hong Kong, which will enable the WuXi AppTec-backed 6 Dimensions Capital to exit.