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

Ocado and Virgin have returned to back the autonomous driving system provider, joining Microsoft to push its funding to $258m in total.

Nestlé is throwing its weight behind the Eureka Fund, a vehicle focused on spinouts from 27 research centres and universities across Italy.

Rachel Weiss has spent almost 15 years at L’Oreal and said she would be an early-stage investor at its Bold Ventures subsidiary.

Shell Ventures intends to invest the capital over the next six years to support energy technology startups and scale-ups.

EDF Pulse Ventures investment manager Loic Raynal is taking a short-term additional position at private equity firm Eurazeo.

A roundup of exits, including IPOs and acquisitions, across the tech transfer ecosystem.

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

Dell Technologies Capital has returned to back Exotec in a Goldman Sachs-led round that valued the automation robotics system developer at $2bn.

Car leasing service Dishangtie Car Rental completed a $200m series D round featuring Ingka while crypto-asset software producer Lukka raised cash in a corporate-backed round valuing it at $1.3bn.