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

Lilly Asia Ventures returned for a $100m series C round, after the corporate venturing unit previously also backed a series B round of undisclosed size last year.

Guangzhou Kingmed has led a $31m series C round for genome sequencing company Yikon Genomics, which was spun out of Harvard University five years ago.

Guangzhou Kingmed has led a $31m series C round for genome sequencing company Yikon Genomics, which was spun out of Harvard University five years ago.

Sino Biopharmaceutical has co-led the series D round together with Loyal Valley Capital, while K. Wah Group also contributed.

Southern Publishing and Media and Cheetah Mobile have contributed to a $57m series C round for edtech developer Codemao.

In addition to launching a corporate venture capital fund, Daikin has inked a deal with University of Tokyo to drive the formation of spinouts.

Chinese Academy of Sciences' Cash Capital put up a share of the funds for oncological drug developer OnQuality Pharmaceuticals' first funding round.

SIG-backed drone manufacturer Ehang has filed for an initial public offering in the US with a $100m placeholder figure, with previous reports suggesting an up-to $500m target.

Daikin Industries has allocated $100m to a corporate venturing fund that will back startups internationally over a five-year period.