The Tokyu-backed scheme has hosted the fifth batch’s demo day with Subsclife, Barus, Luup, Fun Up, Self Link and Sora (MagicPrice) receiving awards.

Naspers subsidiary OLX Group led a $120m round for the e-commerce app developers, which have agreed to merge, and will own 40% of the combined entity.

The Montana State University-backed edible protein developer has rebranded from Sustainable Bioproducts and received series B funding.

The edible protein developer has rebranded from Sustainable Bioproducts and received series B funding from investors including existing backers Danone and Archer Daniels Midland.

Temasek led a funding round that expanded the UC-RNT Fund-backed health and wellness services platform's overall financing to approximately $390m.

North Wearables, the Intel and Amazon-backed AR glasses developer formerly known as Thalmic Labs, has raised $170m over eight years but could run out of cash within four months.

The Unilever and Lenovo-backed grocery delivery service has raised $28m but could reportedly be acquired at a valuation below $15m.

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

Google unit Gradient Ventures and Square have taken part in a $28m round for Oura, the developer of a wearable sleep tracker.

Axel Johnson investment fund Novax co-led a $15.3m round for Fraunhofer Institute's vegan protein and dairy substitute developer.