Impact 12 will deploy equity and debt to finance the development of university social ventures able to deliver a beneficial social or environmental impact.

The bank's newly formed Sustainable Impact Fund will invest in sustainability and inclusiveness-focused companies and will also seek a financial return.

Deutsche Telekom Capital Partners invested in a series D round for the call centre technology provider led by Goldman Sachs Asset Management.

Eli Lilly, Johnson & Johnson and Pfizer helped drug developer TRexBio close its $59m series A round while Slack backed human resources software provider Oyster at a $475m valuation.

Theodorus has contributed to a $23.8m series A round for NeuVasQ, the neurological disease drug developer spun out of Université libre de Bruxelles.

Maersk Growth and Raed Ventures co-led a $42m round for shipping platform developer Trella while GV exited deep learning software provider Determined AI.

SoftBank Vision Fund 2 and Tencent have taken part in a series C round valuing video tutoring marketplace GoStudent at $1.7bn.

The freight management platform developer was valued at $1.2bn in a round led by SoftBank Vision Fund 2 and backed by Citi Ventures and Inven Capital.

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

Tencent, Credit Saison and JG Summit have all contributed to a $16m round for GrowSari while Greenvolt is set to acquire up to 29% of solar system installer Perfecta Energía.