Automated driving software developer Jimu Intelligent raised over $31m from investors including UMC Capital and Avic Pingshan while Lockheed Martin took part in gyroscope technology developer Anello's $28m round.

The collaborative learning platform developer raised the cash in a round co-led by SoftBank Vision Fund 2 that will be boost hiring and research and development.

Cambridge Innovation Capital-backed flexible electronics manufacturer PragmatIC Semiconductor has raised the capital from undisclosed investors.

Battery swapping service Sun Mobility closed $50m in funding from Vitol while Sinopharm-backed drug developer Sinotau raised the same amount in a series D-plus round.

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

The Arm Holdings and Avery Dennison-backed flexible electronics manufacturer raised more capital, taking its overall funding to over $146m.

MS&AD Ventures and Mouro Capital helped privacy management technology provider Skyflow secure $45m while neurotherapeutics developer Cecerin revealed $40m from investors including Nestlé.

The open-source software platform developer expanded a Salesforce-backed round with a $60m second tranche co-led by IVP and World Innovation Lab.

The Neste, Paul Wurth, CEZ and TotalEnergies-backed electrolyser manufacturer is looking to expand with a series D round co-led by Lightrock and Planet First Partners.

The children's entertainment and toy provider has allocated an initial $100m to Spin Master Ventures and announced its first two investments.