SoftBank is hopping on the meal-kit bandwagon having acquired a stake in Gousto at a valuation of $1.75bn.

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

Niclas Nilsson will become the new head of LU Innovation next week after more than 17 years with dermatology company Leo Pharma.

Marion Bernard has joined the executive team of Northern Gritstone as chief investment officer, further filling out the investment company’s C-suite.

Raw materials provider Vital Thin Film secured $188m in a round co-led by BYD while drug developers CinCor and Vigil raised a total of $292m in their initial public offerings.

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

Data software provider Weka raised $73m in a round led by Hitachi Ventures while Advance Publications exited social impact technology developer EverFi in a $750m acquisition.

Veon and Prosus helped B2B product marketplace ShopUp push its series B funding to $109m while Sunshine Insurance backed rounds for ImmuneOnco and Xuanzhu Biopharmaceutical.

Tencent has dodged most of China's regulatory crackdown and built an impressive fintech portfolio globally.

Data storage technology producer Dera pulled in over $150m through a China Unicom-backed series C round while GlobalBees raised in excess of $110m in a round featuring SoftBank and FirstCry.